1077
When the bullet dodges you (media.piefed.world)
submitted 1 year ago by to c/linkedinlunatics@sh.itjust.works
250 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 20 points 1 year ago (9 children)

Yeah, started out like that. First employee in a startup (when I started it was me and the four co-owners). I helped build that thing up from the ground. I created the whole IT and software development aspect of the company. I did so for the salary of a supermarket worker, even though I was department lead with 7 people under me at the end. Yearly bonus was a €50 Amazon voucher.

I helped raise the company from 5 guys up to 50 in 3 continents. Never got anything for it.

Boss threw a big hissy fit when I didn't want to come into the office during lockdown even though it was against the law to do so.

After I handed in my resignation, the boss never even talked to me once.

Working at a startup is not high risk high reward. It's high risk, high work, no reward.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 9 child comments
    •
  • [–] 17 points 1 year ago (5 children)

    Anyone who thinks there's reward in it for the workers is naive. Unless the worker gets paid in undilutable shares of the company, all the reward goes to the owner. And unless an owner pays me like an owner, I'm not going to give half a shit about the company.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 5 child comments
    •
  • [–] 12 points 1 year ago (2 children)

    And unless an owner pays me like an owner, I'm not going to give half a shit about the company.

    100%

    These startup bros got real "I need an army of desperate folks who can be paid in motivational speeches to make my dreams come true because I bring nothing to the table." Energy lol.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 1 year ago

    If you don't get undilutable shares, why on earth would you work for a startup??? Unemployment has been at an all time low for the last what, 20 years? Plenty of jobs out there, the only argument for a startup is the lottery ticket.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 2 points 1 year ago (2 children)

    You are exactly the person this advice would have been great for. Only accept the low salary if you get a big chunk of equity in the company: that's the big reward part of the equation. Otherwise you could have been working for a boring multinational going home by 17:00 and have a house with a picket fence by now.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 4 points 1 year ago (1 child)

    Yeah, I was young, it was my first real job in the field and I didn't have the experience to do better. It would have been a decent job for the first year or so, just getting my feet wet in real-life work to find a better job afterwards.

    But idiot me drank the kool-aid that the owners were talking all day ("It's good that you are here, you'd never make it in a corporation", "Remember all the benefits you have here, like e.g. being able to take vacation on only 1 month's notice", "Corporations are so evil, they'll rip you off" and so on) that I was too afraid to look for something better.

    Wasted 7 years there. Then I moved to a corporate job, doubled my salary and have never looked back. Corporate work environments are so, so much better than startups.

    I received a few job offers for tech lead at startups and therelike, sometimes even with higher pay than I had at a corporate job, but I'll never ever join one of these mini-dictatorships in a startup again. Just far too much power concentration in a single person.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •