If he gives me ESOPs worth the CEO's shares then sure I would have an entrepreneurial mindset.
The biggest issue with startup founders : They expect their employees to work like a founder or CEO. At the end of the day, no matter how sincere the employee is, they are working for the pay check.
a candidate can have expectations but a company can't ?
He is being upfront and honest about it, show me how many other companies have the guts to talk about money like this?
not everyone is made for startup culture, if you don't fit, don't join, simple
The problem is the way he is trying to portray company. Sabhi kabhi companies15-30% hi deti hai. You think companies are giving 50-100% hike? Kaun de raha hai bhai. Bahut rare hota hai, unless you prove yourself exceptionally well or switch your domain. Content se PM role mein switch marlo. Dekho kaise deti hai company.
His post sounds similar to comment of Narayan Murthy. Same energy. Phew.
I have 6 years experience. My current base/fixed is 60 LPA. (I also got a 5 lakh bonus and 5 lakh of my ESOPs vested this year making my total vested about 30 lakh. So the total comp is 70).
I'm being offered a senior engineer positi...
I'm seeing so many posts where startup employees are cribbing about things like layoffs, work culture etc etc. Doesn't seem like they have perspective on everything it takes to build a startup. I've built a failed startup myself and have...
If you can’t run a business that lets people have a normal life then you’re the one who thinks they’re entitled to em...
I am in discussion with some very early stage startup and if things work out then will be part of the founding team. They have promised to give me same salary as the current company’s salary but give ESOP. Is ESOP worth it if you are fou...
What do these people really value as benefits?
It can range from anything such as discounts on Uber to a free IPL Cricket match.
What are some things that would make them go "Bro I want this" or make them "tweet" or talk about it ...
WORK FROM HOME
This post is for younger minds to not fall for ESOPs as a wealth creation tool.
Why do I say that?
ESOP pool is generally less than 10% of total equity distributed among thousand and ten thousands of employees. The share you get is mi...
