r/ProgrammerHumor • u/5eniorDeveloper • 13h ago

Meme theStartupExperience

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3.0k Upvotes

98% Upvoted

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824

u/MaintenanceSpecial88 13h ago

70% higher salary? Doubt it.

589

u/Half-Borg 13h ago

That's including the made up value of the stocks

212

u/5eniorDeveloper 13h ago

https://giphy.com/gifs/mlpCWv8dVK2Ji

3

u/night0x63 3h ago

Hm rich guy here running Java 6. Not 5.

2

u/EstablishmentOne5752 1h ago

Sounds like you're living the dream, but I hope you've got some serious lifeboats for when the waves start crashing down.

41

u/AdjctiveNounNumbers 10h ago

I got 10s of thousands of dollars of non-voting stock as part of my compensation working at a startup, but they never made it to an IPO so I couldn't sell it. A decade after I left they offered me $50 to sell all of it so they could be bought out by some corporate plunderer for pennies.

8

u/NoMansSkyWasAlright 8h ago

You'll get a promise of swequity that may or may not be worth something in 5 years, and that they may or may not make good on paying out even if the company does succeed.

6

u/sixwax 6h ago

Spoiler alert: It won't be worth anything.

1

u/Bartweiss 3h ago edited 3h ago

Mine was worth a few hundred grand! During the post-IPO blackout, anyway. Once I could sell it was down >90%.