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Ask HN: FOMO by working in startups only vs. Big companies

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Re: Ask HN: FOMO by working in startups only vs. Big companies

#71
You seem to be putting "the right way" on some kind of pedestal. There is no one right way. There are right ways to do software in a lab, there are right ways to do software in a startup. You've learned those two. You lack exposure to one of the right ways to do software in a megacorp that optimizes for making developers fungible resources and maximizing shareholder value. It doesn't make you somehow less of a developer not being able to do the third. If you want to chase a high TC then by all means, jump in and learn it. But, that's the only reason. Learning how to develop for a megacorp won't enrich your life, enlighten you or make you feel anymore like you've made it as a developer.

Also, the grass is greener won't stop. Once you get to the megacorp you will wax poetic about your academia and startup days. You'll tell those fun stories to your coworkers because you stopped accumulating fun work stories when you joined megacorp. You'll occasionally think about going back to grad school, or joining a startup again; but, you'll remember you have an RSU vest in 2 months, better stick around at least for that, can't leave money on the table...

Re: Ask HN: FOMO by working in startups only vs. Big companies

#72
Im at a big tech company now. I’ve learned a valuable set of skills in my lengthy tenure, but I think your FOMO is unwarranted.

We’re bogged down in tech debt, legacy systems, endless migration projects, and worst of all, management chains on their way out being replaced by people managers. They’re in technical roles, bringing culture from legacy mega corps like IBM, or IT managers from cost center organizations who don’t give a shit about the product or customer experience.

My company’s corporate culture was unashamedly aggressive in doing big things, even if it meant burning people out.

Nowadays, teams working on critical projects are getting even more pressure than ever from incompetent people managers who don’t understand even the basics of what their team does.

And then you have entire fleets of teams who aren’t working on critical projects. They sort of just exist. Imagine a $400K cushy job where you write 10 lines of code in an entire quarter. Not just you, but your entire team just does random “investigations” every sprint. They ship nothing. It’s just a token job because a director or VP is focused elsewhere.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#73
post #42

I'll go against the grain and say that working in startups has been hugely overrated. Each time I worked way harder for less money, and dealing directly with the owner/ceo makes everything so much more complicated. At a bigger company, sure it can be a bureaucratic mess - but I have been much personally happier every time. I get more resources, better pay, and much better work/life balance. I didn't realize how unhap…

> I'll go against the grain and say that working in startups has been hugely overrated. I don't think that's against the grain, and completely agree with the overrated part. The most surefire way for someone to become financially independent is to work in big tech. The money and job security is unmatched. I've seen it said before that entrepreneurs don't start companies because they want to, but because they have to.…

Odd take. I guess if you're shitty at picking startups. I know so many people who have made multiple 7 figures across secondary sales in various Series A-B companies.

A VP at a fast growing SaaS company has millions in equity. Their comparable L-8 type position at BigCo won't give nearly the same upside.

It's easier to make mid-high six figures at BigCo. It's easier to make a few million at startups. Frankly, the most talented people I know (outside of in engineering) always inevitably leave BigCo for a startup.

BigCo is a far better place for more mediocre performers.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#74
I'm working in a public company and I have FOMO about startups. Problem is the public company pays 3-4x (liquid) what a startup would. For now my compromise is that I have a number, and once I hit that number I can take jobs that merely pay the bills with modest savings instead of really moving me ahead. But who knows, it's hard not to get addicted to TC.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#75
post #42

Earlier quoted context omitted.

> I'll go against the grain and say that working in startups has been hugely overrated. I don't think that's against the grain, and completely agree with the overrated part. The most surefire way for someone to become financially independent is to work in big tech. The money and job security is unmatched. I've seen it said before that entrepreneurs don't start companies because they want to, but because they have to.…

Odd take. I guess if you're shitty at picking startups. I know so many people who have made multiple 7 figures across secondary sales in various Series A-B companies. A VP at a fast growing SaaS company has millions in equity. Their comparable L-8 type position at BigCo won't give nearly the same upside. It's easier to make mid-high six figures at BigCo. It's easier to make a few million at startups. Frankly, the mos…

In the context of engineering:

> Odd take. I guess if you're shitty at picking startups. I know so many people who have made multiple 7 figures across secondary sales in various Series A-B companies.

Sounds like those people are the most successful VCs ever and should consider a career switch with their ability to pick winners.

> A VP at a fast growing SaaS company has millions in equity. Their comparable L-8 type position at BigCo won't give nearly the same upside.

A VP at a fast growing SaaS company has millions in fake money. Their comparable L8 type position at Big Tech has ~700k-1 million yearly compensation in real money.

> It's easier to make mid-high six figures at BigCo. It's easier to make a few million at startups. Frankly, the most talented people I know (outside of in engineering) always inevitably leave BigCo for a startup.

Citation required. Who are these people? What were their exits? How many times did it take? Stories from a friend of a friend do not make compelling data.

> BigCo is a far better place for more mediocre performers.

The pool of available jobs at all start-ups dwarf what's available at Big Tech. It's very hard to argue that there's more mediocre people at Big Tech than start-ups.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#76
I've been at most stages except early-stage startups.

The main tradeoffs are

- Cash vs lotto tickets

- Breadth vs depth of experience

- Knowing everyone in the company vs being more anonymous

- Knowing more inner workings of the company vs being shielded from those details

- Having broader organizational support vs. doing/learning things for yourself

- Some will say work-life balance, but this varies wildly by company and team

> I never really learned "the right way"

Large companies often do things in very idiosyncratic ways that work for them. These approaches rarely directly translate to startups. Different scale, different tools, and when you're massive, the tools aren't commoditized.

The other part of this is your experience. There's a difference between hacking something together that works and intentionally designing something that works. Some of this comes with experience, some with focus and diligence, but it's orthogonal to the size of the company.

> I feel like I've also cornered myself with my resume / experience by only working at startups, and might not even be a lucrative candidate for larger organizations.

Big companies will happily consider you for mid-level IC roles. They want good engineers. I'd argue it's a little harder to go from a big company to a startup because it's easy to get pigeonholed in a particular role, and you're less likely to be familiar with standard tools everyone else uses. Big companies don't have this problem because no one they're interviewing is familiar with their in-house toolset.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#77
I've hopped around a few medium sized established companies and early stage (pre-series A and series A) startups over the past 8 years as an iOS developer.

With coarse grained detail, it's a fair characterization to say that big companies require more navigation of interpersonal politics and hierarchical structures within the company, but afford you the opportunity to work on (more often than not) bigger problems (but you may be a small part of that big problem). And on the other hand startups allow you more autonomy and the chance to work on a wider breadth of the product yourself.

I've been told more than a couple times in bigger company land to stay in my lane, while in startup world that more and more executive functioning is required of me.

Both are valuable and right now I'm in bigger company land, that is until I get the itch again ;) Bigger companies tend afford more work life balance and respect your time, but your millage will vary. If you plan on starting a family anytime soon then it might not be a bad idea to situate yourself at a big company for a while.

One key for finding fulfillment as a smaller contributor in a larger company is finding personal validation outside of work. If you find things are going too slow for your taste and this frustrates you, then realize it's by design; people have lives outside of work and would like to live them :)

Working remote is just as viable in either scenario for my case, but I'm less sure about yours since robotics can only be simulated up to a certain point before you need actual hardware, right?

Re: Ask HN: FOMO by working in startups only vs. Big companies

#78

I'll go against the grain and say that working in startups has been hugely overrated. Each time I worked way harder for less money, and dealing directly with the owner/ceo makes everything so much more complicated. At a bigger company, sure it can be a bureaucratic mess - but I have been much personally happier every time. I get more resources, better pay, and much better work/life balance. I didn't realize how unhap…

> I didn't realize how unhappy I was working at startups until I took a corporate job again and my wife made me promise not to do another startup until the kids are grown up.

Same... but in our case the kids haven't come yet. I can't believe how difficult some weeks were for me before landing my current corporate job. My wife says that I seem a lot happier.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#79
post #21

Earlier quoted context omitted.

Big $CORP employee here. This is a pretty solid take in the parent comment. Big companies offer good pay and advancement opportunities. But, that does come with a heavy dose of corporate theatrics and organizational bullshit. At small companies, on the other hand, your options to advance may be more limited, and if you don't like the job you're in, you can't always jump to a different part of the company the way you…

I'm currently working at a growth-stage company, and I wonder if its the worst of the two worlds. We used to get things done quickly, and now we have all these bureaucratic layers inserted. But they are also immature in that folks are often thinking in the old world "we must pivot" mindset, which we just can't do given how things don't move quickly anymore.

I've gone through this at multiple jobs too. It's hard. You want the company to succeed (especially if you have a stake) but the work itself becomes less enjoyable. I very much understand why some companies choose to stay small even if it means they're limiting their potential.

Re: Ask HN: FOMO by working in startups only vs. Big companies

#80
post #8

I disagree with the people who say you're not missing anything working at large companies. Of course it depends on which, but there's great learning opportunities supporting a product used by millions (hundreds of millions). It's a shock to go from this edge case will most likely never happen because we have at most 5 request per second to this edge case is happening every minute because we have 5000 requests per sec…

While I agree with you in that working with scale is an incredibly valuable skillset, I don't think scale of users or data necessarily correlates with company size. There are many small(er) companies where you will work with enormous userbases or huge data sets.

Likewise you can go work for huge Fortune 500 corporations and the biggest level of scale you work with might just be at the level of a few hundred internal users.

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