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Over 40 in Consulting

Has anyone over 40 joined a startup? What has your experience been? Is it worth taking a shot?

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I did. Expect a pay cut but with the difference made up in equity. It is very important to determine the current value of the equity as the owners are going to estimate based upon its future value and not the current liquidation value.

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Thanks C1. Can you give a rough estimate what %age was the cut and how much did the TC go up by adding equity?

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I know lots of people who have done this. One friend is only interested in helping startups grow. He likes the challenge and he’s had a few serious payoffs (startups acquired by twitter or similar).

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That’s encouraging. I am ready to take a plunge.

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I did, no regrets at all. Cake compared to consulting.

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