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Yes assuming they are flush with cash.
Chief of staff has more input in running the biz than you might think. Plus just bank the 80%. If it goes to shit you will have a nice cushion to look for a new job.
I wouldn’t assume limited career growth. While some Chief of Staff roles may be a glorified Executive Assistant, many are the liaison between the CEO and people under them. Given a TC of $250k, I’d assume you would be involved in some pretty important decisions for the company.
I’ve read on here that a Chief of Staff role makes for a nice transition to a VP(ish) level role as the company grows.
Another thing to consider - what if the startup fails? Is your network at your current company strong where you could just boomerang back if needed?
Being a CEO of a large business and a CEO of startup is quite different so I’m sure you would learn new things
Depends what are the reasons you work for...
Is what you’re currently learning worth 80k?
Go, this is a no-brainer. Worst case you go back to tech after banking $80k extra for a year or two.
It sounds like the role isn't that interesting for you, but the money is. Will they also give you equity? Is it enough equity to make major bank if things go well?
How well financed is this startup? Do you have confidence they won't go bust in the next 2 years?
Subject Expert
Need to better understand their financing, that’s a good question. They’ve been around for a while but only recently have seen extreme growth
Please teach me
Subject Expert
Lol just lucky, I have the right background and experience for what’s demanded in my market