If you're an up-and-coming software engineer/ product designer / marketer etc living in a dense blue urban shithole like NY or SF with sky-high rents, are you going to go for the stock option, or are you going to take the job that's offering you a 6-figure salary right now?
But that's where a lot of talented young people do go, because at least the perception exists that that's where the jobs are. Again, large corps with substantial resources can always out-compete startups for talent in that environment.
If you're an up-and-coming software engineer/ product designer / marketer etc living in a dense blue urban shithole like NY or SF with sky-high rents, are you going to go for the stock option, or are you going to take the job that's offering you a 6-figure salary right now?
I'm going to go for a job that isn't in NYC or SF. There is no salary high enough to convince me to live there.
But that's where a lot of talented young people do go, because at least the perception exists that that's where the jobs are. Again, large corps with substantial resources can always out-compete startups for talent in that environment.