*should start one or join a late stage startup who is still offering equity
N=1, but a friend has done this twice as a product manager with joining late stage startups, getting a decent amount of equity/stock and then the company has IPO'd.
I agree with your point though, the risk/reward for most early employees who are not part of the founding team is not worth it. You'll work just as hard as the founders with a fraction of a fraction of the payout compared to the founders
N=1, but a friend has done this twice as a product manager with joining late stage startups, getting a decent amount of equity/stock and then the company has IPO'd.
I agree with your point though, the risk/reward for most early employees who are not part of the founding team is not worth it. You'll work just as hard as the founders with a fraction of a fraction of the payout compared to the founders