I’ve been offered a Carry-heavy role at a PE startup, which is a huge shift from my current cash-heavy compensation. The potential upside in five to seven years is life-changing, but my immediate liquid income would drop significantly. It’s basically betting on the firm’s ability to exit these deals successfully, and there are no guarantees in this market. My wife is hesitant because we’re planning to buy a house next year and need the steady cash flow. At what point in your career does it make sense to prioritize equity/carry over a high monthly salary?

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Start ups are risky but if everything goes to plan, you will be glad you took the chance. However, start ups are risky since not all are successful.

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