The risk? The risk is that you make a choice. The best position to be
in as a talented tech wonk these days is with 5-6 offers on the table from
promising startups. Which one will have a successful IPO? Which will
burn thru its money and go under? Once you sign on the dotted line,
you're in a very different place. And you're hopefully working your ass
off to make sure that the one you chose is the one that everyone wants a
piece of. (I know I am).
-s
On Fri, 17 Dec 1999, Adam Rifkin -4K wrote:
>
> One weird thing about late 1999 is that the employees of such companies
> no longer take risks. Program managers and developers can make cash
> salaries in the $50-100k range, maybe even more, working at a startup,
> plus a small equity stake in the form of options. Where is the risk
> when all they're doing is burning other peoples' money on a cool idea
> and getting an actual salary while doing it? Where's the incentive NOT
> to make fishy claims like the one in the paragraph below:
>