Somebody mentioned in another thread that even startups are better than Cisco right now, which got me wondering if they might be on to something.
There are two drawbacks I can think of right now - the pay is probably lower (however, I doubt by much) and you never know if the startup is really going to take off. Both of which I could deal with just to get out of this mess.
I think this is something I'm going to look into...
While this was almost 30 yrs ago, I doubt much has changed.
I was working at a large DoD contractor who decided to close my site & relocate everyone to another state so I started looking for a new job.
I found an opportunity at a company that had succeeded so well over the past 20 yrs that they wanted to go public & I could get in pre-IPO. I took the risk not knowing that the people driving the IPO wanted to change what the company did. They had the IPO, sold off the portion of the company that had made it so successful & started trying to create a new “service” to market. Less than a year later, we were kicked off the NASDAQ for trading under $1. About a year later, the executive leadership let everyone go except for an administrative assistant & broke the office building lease to rent a space for 5 execs & the admin assistant while they burne through the last of the IPO cash.
While the money was good, they had no clue what they were doing and no processes to make sure they were doing the right thing. I’m not sure I want to ever go that route again.
Left Cisco at G11. Joined an established pre-IPO company. Better salary and benefits than at Cisco, plus of course a pre-IPO grant.
I don’t see what age has to do with this, per another comment. FWIW, I’m not ‘early in career’.
at a a startup you will feed your brain - worth more than any amount of ₹
If you are grade 12 or lower, you total compensation at a startup will be the same. In fact, you likely will get a better salary. 13 and above is not even close as Cisco overpays with stock grants
Working for a start up can be a great experience. If you're early in career, a great way to learn the business as you get more visibility of the E2E business. If you've worked in a large corporate, really refreshing to be able to get on with your job without being strangled by dysfunctional process and politics.