Why Joining a Startup May Not Be a Good Idea Financially

And why startups are still amazing

Grace Huang
Jul 21, 2020 · 8 min read

You are a software engineer, probably making $500k a year already. Startups, from large to small, are trying to poach you to join them. Before you decide to make a move, I would like to help you understand the financial impact of joining a startup, so you can make an informed decision.

If you believe in the company and wish you may hit a Jackpot later, I can tell you - The likelihood of a startup having a successful exit is extremely low — around 10%…