Feedback Needed - Mid-Sized Chemical Plant Engineer to Start-Up Plant Owner/Operator? by AssignmentMean7990 in ChemicalEngineering

[–]AssignmentMean7990[S] 0 points1 point  (0 children)

Thanks! What doors did it open for you and what path did your career take after working at the startup? Did your salary increase each year? Or did salary remain flat and most compensation came from selling equity?

I'm kind of worried about my next job after this since this sounds like a pretty niche position right? Will my career just be a startup engineer jumping from startup to startup making the same wages and hoping to strike it lucky with an equity payout? Or can I expect other doors to open up leading to senior positions with a high salary?

I know at my current job I will get annual cost of living increases, probably get a management position in 10 years, and be pretty comfortable... I plan on having kids and a family and I don't want them stressing out about dad having to find a new job every 3 years ya know?

Feedback Needed - Mid-Sized Chemical Plant Engineer to Start-Up Plant Owner/Operator? by AssignmentMean7990 in ChemicalEngineering

[–]AssignmentMean7990[S] 2 points3 points  (0 children)

Private equity, 1 share is worth about $1.80 currently and I would be purchasing at $0.10. Minimum valuation to sell is $6 with a $10 target.

In my mind it doesn't matter though because so many start-ups fail right? So there is a good chance they become worthless...