Reply to Husband wants to take a huge paycut to join a startup

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[quote=Anonymous][quote=Anonymous]During my late 20s and throughout my 30s, I worked for three (3) "can't miss" start-ups, going in during the very early stages.  I was supposed to have retired before age 40 being that I was one of the first persons riding the telecomm/Internet boom in the mid-90s.  Guess what?  None of the 3 startups ever went public....  At age 50, still working to recover.  Had I just worked for a more established company (or stayed on with my first job) and participated in the stock and 401K offerings, I would have close to $3-5M today.  I'm not even close.  If your hubby is raking in $600K and with the cash hoard, take it easy and enjoy the finer offerings of life.  I think your hubby is going through a phase, perhaps a mid-life crisis.  Talk him out of it for your family;s sake!![/quote]

Did you work there for enjoyment or for a potential pay-out? My friend's husband left a pre IPO start-up for a smaller, more enjoyable start-up, because it was more appealing to him, leaving behind all but a small percentage of the stock options. Several of his friends did the same. They don't regret it one bit, they really enjoy what they do. [/quote]

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