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/biz/ - Business & Finance


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10275226 No.10275226 [Reply] [Original]

>startups

>> No.10275241

>>10275226
> decentralized startups

>> No.10275246

>>10275226
how else do you start a company YOU FUCKING IDIOT?

>> No.10275261
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10275261

>paid in onions
>live in 1 bedroom apt
>work unpaid at home
>watch blacked before bed
>watch netflix before work

>> No.10275267
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10275267

>horse semen on the blockchain

>> No.10275274

>>10275246
>that 20 year old zoomer who doesn't understand you could just say its an early stage business instead of s.o.y. b.o.y. startup

>> No.10275347
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10275347

>tfw fortune 500 masterrace
Small businesses are the WORST unless your boss gives you a cut of the juice

>> No.10275385

>>10275226
>pay is in 2% equity or tokens

>> No.10275472

>>10275347
I own 1.5% of the company I work for which has its last valuation several years ago at 20 mil. That should mean I have at least $300k before taxes coming my way, but it doesn’t. If you have equity you need a liquidation event for that to ever be worth anything, or at least for your company to start doing a distributed profit share which like nobody does. My equity is basically worth nothing unless the founder and board decide to sell. So don’t get memed into a “cut of the juice”. The real benefit is I now have experience after only 4 years to be getting offered 150-200k jobs left and right, which if I deem that the company I’m at won’t sell at any point in the future I will likely just go take one of those. Getting a 150k+ cushy f500 job is easy for me now but previously I would have never been able to get that.