Reply to Silicon Valley tech job.. how concerned would you be?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sales is kind of unstable no matter what, right? But I think there will always be opps for him. If he likes his job, I'd stay at it if I were him. Might as well stay on the lifeboat. The market is tough right now and it's impossible to predict what a stable option might be. Even Google is considering layoffs now, according to the news, which is shocking. Staying where he has tenure is his best bet IMO. [/quote]

This is pretty par for the course.

Ignore the valuation of his "equity" -- who know how or when they will exit.  Focus on salary and cash on hand.  So if his comp is low in cash but high in equity, I would be looking for higher paying role with more cash comp (could still be commission if he is that good at sales).

But you mention they are still fund raising -- when are they looking to be profitable? That is a metric VC is looking much harder at.[/quote]
A lot of these companies end up never being profitable and their exit strategy is to be acquired by another company. [/quote]

And they are acquired for less than the money invested, so common shares are wiped out.

The additional fund raising actual increases the risk that OP DH will get nothing for equity.  The higher the funding rounds, the higher the sales price needs to be by acquisition to have anything left for employee stock.

Just happened at Fungible.

https://news.ycombinator.com/item?id=33980862[/quote]

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