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Ask HN: Does working for big tech companies pay off more compared to startups?

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11–20 of 40 posts

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#11
From what I have seen (aside from the monetary argument) is the trade offs are stability vs freedom. At a larger, more established company you can benefit from the knowledge that they won't be going under any given year. They will also most likely have most of their systems dialed in already, ie: build system, performance reviews, etc. This can be beneficial for a person who is just starting in their career or somebody who doesn't thrive in an uncertain environment.

Start ups tend to have a lot more flux in all things. When there is no established review cycle you are required to advocate for your own merit increases. Additionally you may be required to hack things together, or take on many roles in order get your product to succeed. The trade off is that if you are knowledgable/confident then you won't have existing mistakes from previous generations and you can help forge the path of the company. In a smaller company your voice is much louder (yes this is good and bad).

Finally from a finance perspective, you don't end up on top if your company goes out of business or never IPO's. You're investing in the startup with hopes of seeing a payout.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#12
post #4

"At big companies, you can expect to get ~$400k-$500k of stock" Where did you get that figure from? That's a bit surprising to me, there's no way you could get that kind of stock grant as an engineer in any of the big companies I've worked at.

Mostly by talking to friends that work at these places.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#13
post #4

"At big companies, you can expect to get ~$400k-$500k of stock" Where did you get that figure from? That's a bit surprising to me, there's no way you could get that kind of stock grant as an engineer in any of the big companies I've worked at.

Agreed, this seems insanely high. Factor of ten at least. I don't work at those three companies mentioned: maybe I just don't know the sector (and maybe I should move to CA). I'm And at the very least, there's stipulations tied to vesting and grants that aren't considered here. Or a portion of bonus is in the form of equity, which isn't accounted for, either.

Risk-adjusted returns for startup equity aren't even close to accurate ("let's assume that you're one of the lucky few" isn't a good estimation strategy).

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#14
One thing you may be missing is that big tech companies are hiring people with scarcer skills. I think the difference goes something like

Startup

- Willing and able to learn new technologies.

- Willing to be responsible for a wide range of things, and do grunt work that is below their skill level.

- Willing to work longer hours, (since startups want to get a product out before the competition).

Big tech companies

- Can accept more rigid rules/bureaucracy.

- Specialized technical knowledge (since big companies have more need for this).

- Work smoothly with company politics.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#15

I have been a Software Engineer in the field for around 18 years and have worked at numerous companies.. I've been employee #1, and have also worked at a company with around 100K employees across the globe. I haven't yet been a founder, but I've been at 3 startups which have been acquired. At this stage in my career, if compensation is your primary concern, my opinion and experience is that your best bet is a bigger…

In my experience, bad advice (though I agree it may work for some).

I made the mistake of joining startups early in my career. I still suffer because of those decisions. It is much better to work for a big brand when you are young. Yes, in startups you get to wear a lot of hats but unless you are really lucky, you never learn anything in depth. Big companies have enough good people to learn from if you are motivated enough (as I was). And worst of all, unless you are one of the founders, and the startup is reasonably successful - then they will bring a "VP of Engineering" from a big company after two years irrespective of how much you have helped them build their systems and probably deserve that role.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#16
post #6

I'm currently a devops consultant embedded in a big enterprisy company. The scrums, endless pointless meetings, pointy haired bosses and general incompetence is soul crushing. After almost a year of doing this I can't wait for it to be over and just pack a bag and go a-travelin'. I honestly don't believe this can even be classified as work really, as the output from these places is so low or even negative. These plac…

I read the wiki entry and still don't get the link. Could someone explain, please?

He means that all the undesirable effects of big corps are non-existent in a startup.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#17
post #4

"At big companies, you can expect to get ~$400k-$500k of stock" Where did you get that figure from? That's a bit surprising to me, there's no way you could get that kind of stock grant as an engineer in any of the big companies I've worked at.

Wasn't too long ago Facebook was in the news for giving new hires $1m in stock as signon bonus.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#18
post #4

"At big companies, you can expect to get ~$400k-$500k of stock" Where did you get that figure from? That's a bit surprising to me, there's no way you could get that kind of stock grant as an engineer in any of the big companies I've worked at.

Wasn't too long ago Facebook was in the news for giving new hires $1m in stock as signon bonus.

I'd be interested to read more. Source?

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#19
post #6

I'm currently a devops consultant embedded in a big enterprisy company. The scrums, endless pointless meetings, pointy haired bosses and general incompetence is soul crushing. After almost a year of doing this I can't wait for it to be over and just pack a bag and go a-travelin'. I honestly don't believe this can even be classified as work really, as the output from these places is so low or even negative. These plac…

I can attest to this as well.

The talk of getting something done far outweighs the getting something done. People want/need things in certain ways, and at some point someone is issuing the commands that can't be argued with anymore.

I'm often given tasks which I know how to deal with in and out, but I have to dig out all the details prior to implementation and put together specifications, just so someone who doesn't understand the codebase or how A relates to B can ignore me through a meeting and give me the ok. When I first joined the company, before it was sold, and before it increased its workforce 10x, I felt productive most of the week, and more importantly felt happy with my job.

Re: Ask HN: Does working for big tech companies pay off more compared to startups?

#20
post #6

I'm currently a devops consultant embedded in a big enterprisy company. The scrums, endless pointless meetings, pointy haired bosses and general incompetence is soul crushing. After almost a year of doing this I can't wait for it to be over and just pack a bag and go a-travelin'. I honestly don't believe this can even be classified as work really, as the output from these places is so low or even negative. These plac…

I'm amazed you've survived a year at a place like that. I had a very similar environment and quit after 6 weeks. You're right, it's soul crushing and will destroy any interest you have in your career.

Lots of places seem to fall into this trap. It's frustrating because most of the time it's simply a matter of politics rather than merit.

In my own businesses, I make it very clear from the start that no amount of brown-nosing, staying late, passing blame or any other political tactics will work with me. In fact, they have a MASSIVE negative effect.

Let's be honest, not everyone can just leave these kinds of places and startup their own company so often they are stuck. I'm on a bit of a mission right now to improve employee's lives and hopefully that will have a positive effect in the long run.

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