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Money and Finances
Reply to "Husband wants to take a huge paycut to join a startup"
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[quote=Anonymous]It was a long time ago when my DH did this, quitting a big job and getting involved in a start up. We had decent savings and I was working but for a few years our income was cut by about 75% but we had savings to cover us. In his first deal he got a decent salary and a nice equity payout but nothing huge but he loved the job. In his second and third deals he invested about 15% of our savings into the deals and they had wonderful payouts, many multiples of our investment. If the first deal hadn't worked he might have gone back to a big corporate job. While my DH is an entrepreneur, as the primary breadwinner and the father of three young children he was never going to bet the farm and put our financial future at long term risk. My bet is that OP's DH is the same way. [/quote]
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