Hacker News Reader

Having been burned by equity of nothing too often I tend to flat out refuse equity in general, but since you bring it up what is the advice/recommendation here?

View on HN

Trying to work for actually profitable companies should help! (No, haven't seen any profit from any options yet. I usually negotiate for mor cash when I can.)

Yup. Working for early stage start-ups is like entering a lottery that sells incredibly expensive tickets. Sure, you might get really rich some day, but there's a much bigger chance you miss out on wages and spend more than 40 hours a week working with no payday ever.

People should really be more aware of this, but as usual, everyone only focuses on the winners.

It also puts you in various positions to which you'd have to grow for years and years in large companies, gives you a ton of interesting experience.

(Then you go and apply it elsewhere, for a larger salary and RSUs that actually are worth something on the market.)

Reply on news.ycombinator.com