![]() ![]() What you will read here is not the result of survivorship bias of someone who’s made it big in a startup: I have yet to have a big exit from a startup (both the two startups I have been at Quora and Curai have not had an exit yet). However, I do think it is important to have a framework to evaluate the economic value (or risk) of joining one. If you are joining a startup you should probably be doing it for many other reasons than to “make money”. ![]() While I do feel in order to make justice to that post I need to write a much broader write-up about working in a startup, the current one is addressing the discussion of how to value equity in the “ You won’t get rich” section. I should credit Chip Huyen for her post about working on a startup. I am often surprised that many folks I talk to, even those working at startups, have very little understanding of how to think about the value of their equity. ![]() However, I recommend you continue reading to help you understand the overall framework.) (In case you came here looking for the spreadsheet, here it is. ![]()
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