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Hands on usually isn’t S&O for startups
I’m thinking I’d like to do something more hands on as a next step, hence my thinking of S&O roles at high growth startups (also thinking PM, but just leaning more towards S&O)
Yeah but just think that even just 1% equity in a billion dollar company would be worth $10M
And a company probably only has to get like 5% market share to become a billion dollar company
It’s basically guaranteed wealth 😂
Not sure if guaranteed is the word I’d have used 😀 I get the point though...lower base, riskier, but much more upside
I guess what I’m trying to gauge is whether there are many ops roles that don’t require a significant amount of previous ops experience and are at a reasonable level of seniority (I.e. could I go from 9 years of strategy experience into a COO/VP Ops/GM type of role in a 200 FTE startup?).
In any case, this is a future issue; I am where I am and there’s no changing that, so when it comes time to jump, I’ll see how it all goes :)
R you at MBB stage or FANG stage? Either way I feel pay cut (at least in base) will be likely tbh
Recently joined FAANG, and thinking about my 5-year career plan.
I’d expect a cut in base (but with a similar expectation on greater risked upside), as long as it’s not because I’m taking a ‘step back’ in responsibility, etc.
join it if you feel it aligns better with your long term goals (if you have a clear idea what they are) vs. what you are doing now. otherwise don't