{ "media_type": "text", "post_content": "Exit to valuation all in 90k or startup 70k base plus equity, solid product, maybe 40% chance they make it to IPO. Startup is in a client facing role but not valuation. Leaving audit as an A1.", "post_id": "60ff9063a9dd13002fc3b0af", "reply_count": 13, "vote_count": 5, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Exit to valuation all in 90k or startup 70k base plus equity, solid product, maybe 40% chance they make it to IPO. Startup is in a client facing role but not valuation. Leaving audit as an A1.

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Man. That’s some solid offers for practically no experience. Hehe. Good job!

likefunny

Leave go start up

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Valuation - startups a crapshoot and you’re still early in your career. Leverage the valuation experience into an even better exit IMO.

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If there is ever a time to do a startup and get in when the opportunity cost isn’t as high, it’s when you’re young. Do you know who kids look up to? People that follow their dreams. Do it now when you’re not tied down to anyone or anything.

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Agree with this. The valuation role will always be there, solid and safe. Take the risk now while you are young and can do it.

Hi everyone, I wanted to update you all. I took the startup role. When it came down to the wire my key thoughts were 1) I’ll have the chance to see a business really get built 2) better return on my time and effort (for now). in professional services 60-80 hour weeks are par for the course whereas at the startup, that kind of time will differentiate me. 3) if in 2 years I don’t think the upside is there for whatever reason, the role is accounting and finance adjacent enough to come back. More importantly there is not going to be a better time window for me to take risk.

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Great decision!!! Congratulations and I wish you great success. Go crush it!

Startup

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Thanks for the advice everyone. If the startup were to fail, do you all think it would be difficult for me as a 25/26 year old cpa to recover and get back to valuation? The role at the startup is in operations but is valuation adjacent, think fp&a software implementation (trying to keep the details minimal)

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I’m not in valuation, but I can tell you that the valuation teams I work with have zero idea of how to determine what a company is worth because they don’t see the intangibles that need to be accounted for (like are operations and people reliable). I’m here talking out of my ass but I bet start up experience and understanding how companies actually work is more valuable than getting really good at running the same excel models over and over

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What’s the role at the start up?

I will say one thing, I seen the stock comp of the tax group in a firm that went public this year... yea... I'm in the wrong line of business right now.

you are young might as well roll the dice on the startup

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