right -- much of the reasoning is also an argument against being an early employee. the main difference is the employee probably has more leverage against being diluted in later rounds.
“Early employee” used to mean 90% of boring tech job salary + some gambling options.
Now it’s often 40% or lower of a tech salary and some gambling options
“Early employee” used to mean 90% of boring tech job salary + some gambling options.
Now it’s often 40% or lower of a tech salary and some gambling options