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Three day weekends really need to be a thing. ASAP.
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I just got an offer from Accenture Switzerland, Total Comp 170K with 140K base. I have 6YOE as IT consultant and 9YOE in total. I am just upset that they did not offer me a relocation package of 20k because the cost of living in Zurich for a family with 1 child is crazy! Should I insist for a sign on bonus before accepting the offer?
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I would take the remote MCOL with $300k+. Life is on auto pilot. Focus on your family, relationships, hobbies, and retire early. Have everything you ever need.
Unless you’re the type to want the mansion in the Hamptons, then obvi you’ll need to make moves. But, think about what you want. Not what people tell you to want.
Yes that’s the counter point retire early live mcol life. There are things you can only get if you make it in hcol I feel bad leaving opportunity on the table.
Thank you for sharing your question with this community. Honestly you are in your 20's NOW is the time in your life to make calculated risks. You could be like me and work for an organization for 22yrs and get let go. If you have an opportunity like this, TAKE IT! If it flops or you try it and you don't like it, you are still young enough to start over #NOREGERTS
God Bless!!
Not really, new management (very much American) came in and decided I didn't know how to do my job after 22yrs. So there is that,..
Absolutely! take that offer.
I am saying that even without knowing the specifics.
You are in your 20s, if you're not going to take that risk now you'll never be able to later in life. Coming from another staff engineer in his 30s, I do make good money as well so I understand that feeling of being comfortably numb.
Worst case scenario, you can always get another job at a FAANG company if you're already an L5 at Google.
You're way more likely to regret not taking it than taking it imho.
You should assess the startup as an investor would. Is it differentiated? In a competitive/saturated market? What's the current value of your equity and how large does the co need to get to make it worth it to you? Are there exits for companies in their space near that ballpark? I spent time as an investor in Asia and depending where you are IPOs are not very common. Also it's a bit odd that A16Z have already backed the co and are now looking for a founder. Is this a pivot/distressed situation?
I think the London office was stood up to sidestep the "war on crypto" actually because London doesn't do stuff like that
Take risks as someday you won't be able to. Congrats!
You are young. Go for it. (can you hedge a bit and do both until the big one pans out?) I'm 65, I had a great idea in my 20's that was worth well over $100mil a decade later....regret I did not do it - or even a version of it, or at least invested in a company that did it... you get the idea)
Your backers may change their mind if they knew you posted this question
Life is only one.
Do things out of your comfort zone.
Learn and do as fast as possible.
It’s not about the money.
Transformation and experience can never be taken away.
All money is nothing but electrical impulses on a screen.
Wake up and really live.
Google is paying you 300k specifically to deter you from starting up your own thing… think about it
I call BS on this post - somebody is bored and made up a story to read replies as entertainment.
I dont think this is real TBH
Wish I had that problem to solve.
Happy to come as product. Have been in Asia before as product and I know the ins and outs.
If you're single and ok with failure then I'd take the (very risky) startup opportunity. It could be a great experience for you. But if you have a wife/kids then I'd place higher value on family time and stability. There is no way I'd uproot my family for a startup.
He is 20s….
You should keep your job. Never take risks, especially if you're young, and have decent savings. If you take this risk, you'll fail and never recover.
Stay at Google for the rest of your life and retire there.
Most of all, follow the advice of strangers on random websites. These answers are much more credible than speaking with people you know and trust.
In the meantime, please share the name of the partner.
A friend and I both worked at a large corporation with both of us newly hired there. He was a college graduate and I was in my mid 30’s with 5 years IT experience. They paid us both well below more senior consultants, yet our job roles were exactly the same in each of our technical areas. Due to my experience I made around 100k starting and his college starting pay was in the 50k range. We both asked for pay adjustments to the mean for our areas and were both denied. I stayed with the corporation and maxed out my salary at 117k, while my friend quit with 1 year experience, created his own LLC, worked for himself and is a multimillionaire. I will retire soon and hopefully have a nice retirement; he will retire soon and will be able to enjoy life doing almost anything he wants.
My point is he was 24 and took the risk and it worked out for him, while I did not have his guts and I’ll be fine but I’ve often wondered if I wimped out on a wonderful opportunity.
Just kinda sounds like you're showing off TBH.
"Fortune Favors the Brave"
Can you give me a job? Just got laid off geez
It depends on what YOU desire. If you really want to “run” the company in your late 20s and you’re confident you can do it go ahead and take the risk. Btw in Asia (in most parts of the developed parts of Asia) age matters. You may not be able to succeed at late 20s if you aren’t very special in developed parts of Asia. Do you strongly believe you have what it takes than other founders older than you who have more experience than you? Are you a one in million type Tech genius? Then go for it. Or is it a developing part of Asia?
Otherwise I would stay and gain more experience in where you are at. Then take a leap. 20s to me is not founder material in where I am at. You won’t be able to gain respect here. Age does matter…
I've always told people that starting a business was the worst thing I ever did in my career. I thought I wanted to do it but at the end of the day it drained all my time and energy and getting back into the market afterwards was MUCH harder (this was all pre Covid, not the current impossible job market). I may try again later but not at this point in my life.
If you don’t want the startup, I’ll be happy to take it - I’ve been involved in some grassroots startups and would love to be part of a funded one :).
My advice is to negotiate a 1yr severance package as a parachute - and see what kind of return to work policy G has for you.
Sometimes if the grass is not greener you can come back, sometimes it’s hard.