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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I feel all the DCUM responders here don't really understand startups. Questions that are really important here are:

1) How much money has the startup raised? Is it seed? Series A? Series B? How long is the runway before the the next round of funding needs to happen? Or is the startup profitable and self-sustaining at this point?
2) 10% equity is a lot, so it sounds like the startup is very early stage. How many people currently work at the startup? Is he joining at the CXO level?
3) Who are the investors in the startup? If there are big name investors, usually the CXOs end up doing fine even if the startup fails before they'll get reabsorbed into some other portfolio company.[/quote]

[b]The reason we haven't advised her to do this is b/c she has NO IDEA what any of that is.[/b] Even many folks in business and tech don't really have a clue.

She has to trust her DH to manage his career; she is not his mother or his manager. He has arranged things so that they should have no compromises in their lifestyle for at least 3 years, so really she has nothing to complain about. At least he isn't saying, hey I'm tired of traveling so I'm taking an easier job making $100k forever, you can work if you want. [/quote]

How about she does some research and ask her husband instead of freaking out due to her own ignorance? No wonder people think SAHMs are dumb.[/quote]

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