Well then that startup will likely move to the next candidate (among hundreds) with their ten stage interview. I can understand owners and leads of startups wanting to work their ass of to lift their company and dreams off the ground. But if they expect a regular employee to do the same for a low salary and barely any extra benefits then they are delusional. If they use sentences like “we are a family”, “this is our dream”, run.
But yeah, at least in tech one of the motivation tools for employees is equity, even post-IPO you get RSUs and some form of ESPP. If you don’t offer big equity for an early stage startup why would someone work for you instead making mid 6 figures at a FAANG?
I’m not suggesting they do it, I’m saying if they do it they should demand a lot of equity.
Well then that startup will likely move to the next candidate (among hundreds) with their ten stage interview. I can understand owners and leads of startups wanting to work their ass of to lift their company and dreams off the ground. But if they expect a regular employee to do the same for a low salary and barely any extra benefits then they are delusional. If they use sentences like “we are a family”, “this is our dream”, run.
Yep. Add “work hard, play hard” to the list.
But yeah, at least in tech one of the motivation tools for employees is equity, even post-IPO you get RSUs and some form of ESPP. If you don’t offer big equity for an early stage startup why would someone work for you instead making mid 6 figures at a FAANG?