Poll: Would you go for reduce pay and some equity to join a startup?
2. Startup in this case are fresh companies either pre-Series A or post-Series A. Companies like Facebook or the like does not count even if they are considered a startup. We're talking about smaller ground zero just done with prototype kind of startups.
3. Assume that typically your salary will probably drop to mid 5-figures/year ($36k to $60 depending on location) and you'll receive the typical 1-5 pts as an early stage employee. Assuming the startup does well or raises money, you will get closer to normal salary. Typical 4 year vesting applies.
How many here would consider reduce pay + equity and join a startup and how many would not. There have been various threads in the past on HN regarding whether its worth it for hackers to join a startup for equity and many people come into this with various arguments of different kinds on both sides. I'd like to know what each persons thoughts are on this and get a more accurate up to date number of where people stand.
PS I came up with a short list of stuff for the poll that I figured would be appropriate for voting. If your answer does not fall into any of the options, pick 'Other'.