I get where you are going, but my personal experience has taught me otherwise. A 10X gain on nominal value after 3 years of work isn't atypical. Doesn't make you a millionaire, but it does help pay the mortgage.
In cash terms, that isn't remotely close to true. The chances of making a fortune as the founder of a startup are vanishingly small, and as an employee, a tenth that. Work in an industry such as banking where compensation has a bonus element and you will do better than a hypothetical startup employee who participates in an IPO every year on that alone, and that's before you consider you'll get a good salary and work half as much.
Comments
If you have stock options, even a small slice of the company, it's not wasted effort.
The typical employee's <1% share won't even make up for the overtime they put in unless their company turns out to be the next Google.
I get where you are going, but my personal experience has taught me otherwise. A 10X gain on nominal value after 3 years of work isn't atypical. Doesn't make you a millionaire, but it does help pay the mortgage.
In cash terms, that isn't remotely close to true. The chances of making a fortune as the founder of a startup are vanishingly small, and as an employee, a tenth that. Work in an industry such as banking where compensation has a bonus element and you will do better than a hypothetical startup employee who participates in an IPO every year on that alone, and that's before you consider you'll get a good salary and work half as much.