Comment by carlosjobim
3 days ago
You said that you worked for a low salary at startups and feel scammed because of that.
You could have worked somewhere else instead for a higher salary if you weren't gambling.
Or if nobody would have hired you for a higher salary somewhere else, then maybe your salary at the startups wasn't so low after all?
If you want to go with that tone... I wonder if you did not understand my English or if you lack basic logic?
I did not say that I felt scam because of my low salary. I said that I felt scam because the founders got rich and what I got didn't compensate the low salary.
Said differently, the founders got rich and I didn't get much at all. When I say "not much", it means "not nothing, but not a lot".
You took a gamble on a lower salary with the expectation that it would be compensated by your company stock going up in value.
I told you that there is no such guarantee, the only thing guaranteed is the salary you agree on. Everything else is speculative = gambling. Which is your decision, but don't cry later that you got scammed and that VC are cancer and so on.
But there's no reason for me to teach you, because you already learned it the hard way.
> You took a gamble on a lower salary with the expectation that it would be compensated by your company stock going up in value.
I did not. I joined a startup as a young graduate without thinking about what stocks meant at all.
> Which is your decision, but don't cry later
My decision was "let's join an exciting startup, probably those stocks won't ever have any value". I don't even care about the fact that I did not get more than I did: I never counted or even hoped for it.
But what wasn't clear to me back then was that I was being abused by the founders.