Does Google not offer RSU’s to employees outside of the US? You won’t ever get rich off of salary alone, salary and RSU’s of a growing publicly traded company is a different story though.
As you alluded to, it’s very rare for even founders to make a life changing amount of money from a company they start, it’s exceedingly rare for early employees to have this happen and should not be a reason you consider working at a small company.
The right reasons to work at a small company are the other ones you mentioned: high impact, like working in small teams, interesting work, cool product, etc… but my point is that the interview process for the small company and the big company are often times very similar even though the amount of risk, scale, future career opportunities, and potential financial gain are worlds apart from each other, which isn’t right.
The level of effort I should have to put into an interview should be proportional to what I stand to gain by getting the job. This is kind of already how it works naturally because more desirable jobs have more applicants which makes it more competitive and requires more preparation. I stand to gain much more working at Google than I do at posthog, so why am I spending around the same amount of time interviewing at each place? Is working on a smaller team and having more impact on a smaller product worth it to me to do that? Personally that answer is no which is why I don’t understand the interview similarities (mainly time spent interviewing and acceptance rate in this case).
PostHogs seed round was 3 million USD, but the likelihood that Google at this point of time is going to lets say 20x in a decade is vanishingly small. And remember, even in the early days customers loved them, so certain risks where lowered.
Remote-first also changes the dynamic of who gets promoted.
I mean each to his own, but personally I would rather bet big iff I wanted to quit my current job. I think now the PostHog sail has long gone with the risk and reward ratio.
Sure as long as you realize you are really betting big, if you’re lucky and after dilution you own 0.1% of the company, posthog needs to sell to someone for a billion dollars for you to make one million.
And that’s one million before tax, before the preferred stock gets paid out to the big investors, after the lock out period where you can sell your stock a few months after the deal goes through. That’s not 1B valuation either, that’s someone buying the company for 1B in cash. Not impossible, but definitely unlikely.
If you work at google for 5 years you will almost definitely make more than you would working at posthog and getting acquired in the same amount of time, but yes if lighting strikes twice in the same place and posthog did an IPO and the stock 20xed you would miss out on that money
As you alluded to, it’s very rare for even founders to make a life changing amount of money from a company they start, it’s exceedingly rare for early employees to have this happen and should not be a reason you consider working at a small company.
The right reasons to work at a small company are the other ones you mentioned: high impact, like working in small teams, interesting work, cool product, etc… but my point is that the interview process for the small company and the big company are often times very similar even though the amount of risk, scale, future career opportunities, and potential financial gain are worlds apart from each other, which isn’t right.
The level of effort I should have to put into an interview should be proportional to what I stand to gain by getting the job. This is kind of already how it works naturally because more desirable jobs have more applicants which makes it more competitive and requires more preparation. I stand to gain much more working at Google than I do at posthog, so why am I spending around the same amount of time interviewing at each place? Is working on a smaller team and having more impact on a smaller product worth it to me to do that? Personally that answer is no which is why I don’t understand the interview similarities (mainly time spent interviewing and acceptance rate in this case).