7 figures??? That’s not selling out, that’s just trying to get anything for a sinking ship if you sell for a million. Thats barely covering salary+expenses for 2-5 engineers depending on level and location.
Yes, you’re talking about a personal “payout” thats probably only 2-3 years of a salary? That’s not much of a “payout” that’s just a nicer severance package. If you built a company that wasn’t about to go under, it’s not worth handing it to some asshole for practically nothing
7 figures??? That’s not selling out, that’s just trying to get anything for a sinking ship if you sell for a million. Thats barely covering salary+expenses for 2-5 engineers depending on level and location.
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Yes, you’re talking about a personal “payout” thats probably only 2-3 years of a salary? That’s not much of a “payout” that’s just a nicer severance package. If you built a company that wasn’t about to go under, it’s not worth handing it to some asshole for practically nothing
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Software engineers at FAANG companies easily make that amount. And that’s the caliber of engineer that is typically making this type of exit.
You’re commenting as if your circumstances are the same as a tech bro founder’s, which seems to be incorrect.
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annuities my dude
1M is 2-3 yr salary??? Hook a brother up with these $300-500k/yr job leads d00d