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- cross-posted to:
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Amazon says employees may not get promoted if they ignore return-to-office mandate::Several months after requiring that staffers work out of physical offices at least three days a week, Amazon is making sure the rule is being followed
All my colleagues who left faang companies to go to startups with big offers (and better titles) have lost out massively on comp becauss VC dried up and rsus are worthless.
One guy lost 90% of his rsu value. Another guy got straight up laid off. A third person I know lost about 75% of their offer in stock price declines in early 2023.
I agree that it’s often exciting (and easy) to be exceptional at a smaller company, but in my experience it’s almost never financially beneficial.
That’s how startups are. You accept more risk. Startups are the definition of risky and this is not an argument for staying at a company that doesn’t listen to you.
You can always just move to a different startup. People respect you more in the startup world if you take a risk and lose due to factors beyond your control.