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Worth it to take this start up offer?
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Date: February 23rd, 2025 6:11 AM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686149) |
Date: February 23rd, 2025 6:19 AM Author: Sinister piazza hard to give advice in these situations. i would keep the chiller job but that's just me, also i'm single. some people just don't mind work as much, you have to know yourelf.
$120k seems like less than you'd want to be making for a family of 3 in a major city though
what's the equity offer?
can you get a raise from your current place? |
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Date: February 23rd, 2025 6:25 AM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686159) |
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Date: February 23rd, 2025 6:39 AM Author: Sinister piazza what a miserable ass "raise" on their part. doesn't even really count.
but if it's just a function of it being a totally unambitious company then i'd still stay. again i can't pretend to know what you're like but this sounds like a move that i'd totally regret. just $60k is not enough for ditching a job that doesn't require work for one that does. |
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Date: February 23rd, 2025 6:20 AM Author: Vivacious ruddy trust fund do NOT do this. i know enough people who have worked at shitcoin companies to say this:
1. you will almost certainly be overworked and will want to leave after six or so months
2. the equity is worthless
3. they’re probably committing fraud or something similar. their GC is either oblivious or more likely supporting this
4. CCO is usually a shit leadership position that gets cut in layoffs |
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Date: February 23rd, 2025 6:36 AM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686166) |
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Date: February 23rd, 2025 7:03 AM Author: Vivacious ruddy trust fund they are almost certainly doing something illegal. don’t be naive.
CEO sounds like a sociopath who will lay you off easily.
shitcoin companies burn out their employees and then churn through new retards. it might pay well, but it won’t pay anything when you get laid off within a year. |
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Date: February 23rd, 2025 7:30 AM Author: Bipolar lettuce hairy legs a late 30s guy with a family to support? don't do it (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686184) |
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Date: February 23rd, 2025 7:33 AM Author: Vivacious ruddy trust fund (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686189) |
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Date: February 23rd, 2025 11:19 AM Author: brilliant jew (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686564) |
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Date: February 23rd, 2025 9:35 PM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48688127) |
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Date: February 23rd, 2025 7:40 AM Author: histrionic stubborn generalized bond How do you make so little money in a major city? You’re a lawyer making 120k? Do you just work on vendor agreements at a small company or something? The crypto job is hard to evaluate with more info. You said the equity is “24k”? Like thousand dollars or units or what? If the equity they’re offering is only valued at 24k on current valuation then lol tell them to fuck off. There’s a high chance you’re laid off in the next year but maybe it works out and you get rich. I’d probably go for that than being stuck in some shit 120k job tbh. (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686196) |
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Date: February 23rd, 2025 7:52 AM Author: titillating codepig
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Date: February 23rd, 2025 8:06 AM Author: histrionic stubborn generalized bond I would say no. What’s the point of working at a startup if you don’t really get to share in the upside. Even if the valuation 5x you’ll make 100k? Seems ridiculous. (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686219) |
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Date: February 23rd, 2025 8:12 AM Author: bright range "crypto startup" no, didn't even read anything else (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686223) |
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Date: February 23rd, 2025 11:20 AM Author: brilliant jew (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686571) |
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Date: February 23rd, 2025 11:05 PM Author: Bateful center cr this is my feeling also, especially for a guy with a family (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48688229) |
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Date: February 23rd, 2025 9:20 AM Author: Drab Cerebral State Need to know:
Title Base comp Bonus Series of fundraising Unicorn status Are they calling equity by $ or % |
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Date: February 23rd, 2025 9:34 AM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686328) |
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Date: February 23rd, 2025 10:05 AM Author: Drab Cerebral State Series B is pretty early, so comp being shit isn't unexpected. The equity question is more about whether they're allocating against a dollar amount or on the basis of how much of the company you'd own. You're far enough down the ladder that it probably doesn't matter either way. But series A and B, a % based allocation is more the norm.
I would look at this solely as an opportunity to add major areas of responsibility and resume points quickly and then leave within about 2 years to be a CCO yourself for real CCO pay (low to mid 300s base, 40%+ bonus, meaningful equity, etc). Don't make this a long term pit stop or you'll regret it |
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Date: February 23rd, 2025 11:08 AM Author: Tan school cafeteria Seems like solid advice coming from Fucking Fuckface (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686508) |
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Date: February 23rd, 2025 11:11 AM Author: titillating codepig (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686520) |
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Date: February 23rd, 2025 11:20 AM Author: brilliant jew (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686569) |
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Date: July 7th, 2025 8:44 PM Author: titillating codepig This was really solid advice. Getting a ton of experience but I’m running on fumes. I don’t know how people keep up this startup pace, it feels like every waking hour is taken up by work. (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#49080759) |
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Date: February 23rd, 2025 9:51 AM Author: French milk rehab Is it a tasty coin? Aka “Tall Man’s Coin”? (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48686358) |
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Date: July 7th, 2025 8:45 PM Author: Navy pozpig wagecucks (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#49080762) |
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Date: February 23rd, 2025 11:20 PM Author: sapphire cracking party of the first part double fault you seem pretty jewish and retarded so i would just take the money--even if you fuck it up are there going to be any real consequences? probably not (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48688243) |
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Date: February 23rd, 2025 11:35 PM Author: jet community account Just change jobs every 2-3 years to get paid more and repeat. (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#48688252) |
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Date: July 7th, 2025 8:46 PM Author: Floppy wrinkle forum (poasted from 2022) (http://www.autoadmit.com/thread.php?thread_id=5684657&forum_id=2],#49080764) |