I’ve written before about why many engineers find themselves gravitating toward jobs at startups over larger tech companies. Two big reasons: The opportunities to work on and with cutting edge technologies are more abundant at newer startups, and there’s no better way to grab up gobs of valuable equity in a company than by joining as, say, employee number 10 or 20.
A while back, we posted a blog on this topic by Triplebyte co-founder Harj Taggar. In the piece, he argued that engineers should choose between startup jobs by “thinking like an investor,” which means weighing the likelihood that a startup will succeed (the latter of the two points above) beyond all else.
Would love to hear all of your perspectives on this: Does the work ever matter more than the business around it when you’re choosing a new gig? And has 2020’s bumpy job market changed the way you assess these things? Leave a comment in our blog conversation thread!
Biggest advantage of working with startup is "What an engineer will learn in year or two in large tech companies will learn in a month or two". Second advantage of working in startup is that it will boost up your confidence in multifold since you have opportunity to work from scratch. Third advantage is you will be learn the entrepreneurship since stake on you is high.
You will learn the difference between the discipline and bureaucracy.
If a project is good enough withe the right end game in might is only when I would join I have a idea on how to abolish scammers and bad actors on the web and some day completely change the way we communicate online
Sweat Equity shouldn't be treated the same as Financial Liquidity for investing. Especially if 9/10 are bound to fail. If you chose wrong, and odds are you will even with years of experience in Angel Investing or Venture Capital, then can you really afford to work 9+ years potentially without?
I know some companies offer partial pay + shares. However, the individual also needs to know the different shares/stock tops they will be receiving if the company goes public on the market.
That said no matter how sweet the deal, I would highly advise against any completely unpaid revenue share projects unless you are feeling charitable, or need a resume filler during 2020.
Biggest advantage of working with startup is "What an engineer will learn in year or two in large tech companies will learn in a month or two". Second advantage of working in startup is that it will boost up your confidence in multifold since you have opportunity to work from scratch. Third advantage is you will be learn the entrepreneurship since stake on you is high.
You will learn the difference between the discipline and bureaucracy.
If a project is good enough withe the right end game in might is only when I would join I have a idea on how to abolish scammers and bad actors on the web and some day completely change the way we communicate online
Sweat Equity shouldn't be treated the same as Financial Liquidity for investing. Especially if 9/10 are bound to fail. If you chose wrong, and odds are you will even with years of experience in Angel Investing or Venture Capital, then can you really afford to work 9+ years potentially without?
I know some companies offer partial pay + shares. However, the individual also needs to know the different shares/stock tops they will be receiving if the company goes public on the market.
That said no matter how sweet the deal, I would highly advise against any completely unpaid revenue share projects unless you are feeling charitable, or need a resume filler during 2020.
Respectfully,
Cody