There were going to talk about a very fascinating, interesting topic.

Startups versus big tech companies In this coffee time with attack lead.

I am the tack lied.

That's Google attack lead.

By the way, let's have a sip here.

No bad.

Not bad at all.

Now, Sandy Code.

Let me just clarify something for you.

If you are working in Tech at all, then I think that you're gonna be doing great.

You're gonna be doing good and no choice is really going to be a bad choice and start up or big tech company.

It's all good, really.

Now I have worked in the combination of start ups as well as at Google as an ex Google Tech lead, and they're very different in some ways.

But they're also very similar.

The quality of life that you get your overall standard of living.

It's about the same.

Really.

Now we have a new sponsor today and I would actually highly recommend that you guys check him out.

Ting mobile If you live in the U.

S and you're using cell phone service and you're paying like 50 60 bucks a month for this service.

It's a contractor locked into one or two year contracts.

You know, that's just really not the way to go.

They're far better options.

Ting Mobile offers you paper used cell phone service and the cost is very cheap.

You can figure out how much it might cause you.

I would say for an average person is probably gonna be 15 to 25 bucks or something like that.

And one of the best parts is that there's no contract.

You're not locked into anything.

You know, I remember when I was trying to become a world citizen, travel all over the place and embrace that mobile lifestyle.

One of the things I was really locking me down was my cell phone service.

It was just time me to the U.

S.

Tie me down there with that one or two years cell phone contract, and that was one thing that kept waiting on me.

So with Ting Mobile, you get a no contract cell phone plan.

You get voice messaging data.

All comes at a very reasonable standard rate.

And the great thing is, it's so simple to said that there's no contract.

You just send them a dollar.

They send you a SIM card back, you plug that into your cell phone and then you're often running.

And where you're gonna save so much money, check him out.

Ting Mobile.

There will be a link in the description below and you can thank me later.

You know, no matter whether you're working at the start up or big tech company, you're gonna be having a pretty sweet, comfy job.

You're going to go and you work at the computer.

You do some typing, do some code spend sometimes different than that surfing, ready to play some ping pong.

You mean you'd have to pay for your own lunch?

Or you may get some lunch catered.

And by the way, the food that these large tech companies they're not necessarily better There may simply just be more variety.

But it's all going to be but faced out food and often is quite easy to be any of this.

We just go to any restaurant and the food quality is already going to be beaten.

Supposedly, they like to advertise that they've got on star chefs, but in order to feed thousands of people just going to cost way too much.

They're gonna end up using more basic ingredients, cheap ingredients and then faced up and you're not going to want to eat too much with anyway.

It's not gonna be healthy for you just going to get overweight essentially most of the time, no matter where you are, you're gonna be working at the computer and doing some code across startups and big tech companies is going to be similar.

Now let's talk about the main differences here.

One is going to be compensation.

Compensation at the tight company of public tech Company is going to be well known.

It's going to be fixed.

You're going to know exactly what you're getting is a public company.

And when you get stock, you're gonna know for sure that that's going to be worth something.

When you go into a startup, you don't really know what the value of that stock's going to be.

And oftentimes it's going to be a complete mystery is going to be completely office, skated for you, and start ups have a bunch of different ways to screw you over.

They can dilute this stuck they can kick you out, fire you before the i p o.

They can delay their I p o intentionally and force you to stick around, stay at the company and work longer.

That can tell you that you have a 1,000,000 shares, but really there could be 100 trillion shares outstanding.

And many companies simply aren't going to tell you what percentage of the company you truly own.

And even if you were to somehow find that out, would you probably won't be able to find out most cos I've seen, they never quite tell you exactly what percent did you.

Even if you do find out, they're just going to devalue that when you finally leave the company when you quit, Oftentimes they'll say that you have to exercise the's stock options within a certain amount of time, like saying you got three months to use that up.

And when you do exercise those options, you're gonna have to pay tons of taxes on this stuff.

If the company never IPO's and it could take 10 years before the company.

Actually, I pose you just paid a bunch of money on stock and you've taken a big risk.

You don't really know what you're getting.

Sometimes theirself up ends up, maybe you'll get some money.

But oftentimes is not necessarily going to be life changing money.

I've known scenarios where I've joined cos after another, people during companies, and then the start up eventually gets acquired.

Right acquisition happens more calmly than I pose.

And in an acquisition, everybody gets some payment for their stuff is not all that much.

It's not really life changing money.

You might be like 50 k, right?

60 case, something like that.

If you're lucky and it could be more if you're not looking, it could be less.

One thing that a lot of engineers don't know is that even if your engineer number one at the company you could already be getting less than, say, 1% of the company, you would be put the inasmuch work, if not more work, than the founders.

And still, the founders would have like 99% of the company, you would have 1% or even 0.1%.

By the time your employee numbers say 10 or 20 your ownership would already be 200.1% or something like that.

It would be a menace coma, and that's just a culture of startups.

Personally, I got so disgusted by all of this one time.

I remember I had that business partner, a friend, and we were going to start a company together.

And then he said that, Yeah, we would be 50 50 partners except he wanted 50.1% and I would get 49.9%.

And just why?

Why not just 50 50?

And he was so insistent on this point that it smells fishy to me.

And I backed out of the whole deal and I didn't start the business because I figured that he could just say, Well, let's take a vote.

Should I get kicked out of the company after I feel everything?

Yeah, let's take a vote.

He's got 51% ownership.

Oh, yeah, he wins.

I think you could just kick me out.

He can do whatever he wants.

That's just are pretty tricky.

And I remember there were even times in my life when I just sort of said to myself, I don't like startups.

I don't want to work at them, and if I were gonna work.

I would rather work either for a large tank company or I would found the company on my own and those would be the options I would be going for now.

Having said that, let's talk about some of the good things about start ups because I've worked out a few of them and there's some good things about them.

One is the challenges are going to be very different between send up and large tech company.

Large tech company.

You often work in the large code base.

A lot of the challenges are going to be organizational.

You're gonna have to deal with a lot of people across functional teams, and there's going to be a ton of code and people blocking everything that you're trying to do.

And in a small tech company in the start up, you're going to have a lot more freedom and anything you want to do anything you want to try, just not going to be a lot of people standing in the way you want.

Try something.

You have the flexibility to try that, and that goes for roles as well.

So if you don't really want to be engineer.

Let's say you want to be more of a project manager or designer or prototype er in the large tech company.

It would be an entire shift careers.

You would have to get the proper approvals, maybe even do an interview just so that you could do some P M work, however, and it's small.

Start up.

You're gonna have a lot more freedom to take on any road that you want.

And in this sense I would say that there may even be better career mobility.

For example, if you want to get into management, it may take a lot of effort to get into, say, senior management at Google, right?

That would require you proving yourself in everything.

But if you were to go to a startup, you could probably get a management role quite easily because their requirements just on a strict you could start building up your experience, and over a number of years you would have that experience and then you can transfer into a large stock company like Google and through management there, and you would already have built up a lot of that experience if that were your interest.

And so if There were areas in your career that you wanted to develop more into a startup, maybe a good path for that.

And that's really what started is good for, I would say is learning.

So I would recommend this.

If you are a junior engineer or even if you're not and you want to get some more experience and learn and build your skills in the certain technology, there may be a field that you're interested in getting more into.

You think it's cool and you want to do that, then they'll start up is a great way to do that.

The worst reason to join the startup is because you think it's a lottery ticket and it's going to make you rich and you hate the work and you're not trying to learn anything.

But you're just doing it purely for the money, because in that scenario, I will say I start up, there's a little chance is going to work out for you, for you curveballs money.

The other thing I might mention here is that I don't think money is a proper motivation.

Number one, if you're a junior engineer, say, Either way, your pale slope.

I know, it sounds like a lot for you now, but it's not going to make a difference for you in a few years.

When you look back on that salary range that you're at, just spend your time trying to learn and guide your career in the direction that you wanted to go to, but trying to argue and optimize for a few 1000 bucks here and there.

It's just not really the right time to be doing that, because you're really splitting pennies at this point.

The other great day involves started up, since they can be a little bit more closely.

I remember I worked in the start up with one of my professors and during the company holiday party.

It was just us with our spouses or girlfriends or boyfriends or whatever, and I just felt more like a family.

The office was like the professor's living room.

You don't really get the sort of dynamic when you're in the larger company in which it's an open door, right.

People are coming and going all the time, and there's tons of people that you may be interacting with.

You don't really get to know anybody really.

That Well, sometimes people just get fired, just disappear randomly, and that just seems to happen sometimes.

So, overall, let me put it this way.

I think that if you can get into a large tech company, then you might as well try, and it's good to explore your options and see what you can get.

But start ups are great, too.

You can learn a lot there, develop your skills and experience.

There's some good connections.

Get to know some people there, and overall is probably going to be a pretty good time working there because it's not like going to a large tech company like Google.

You're gonna have a 10 times better experience there.

It's not quite like that's more like it is just bigger.

It's not like the food that's 10 times better.

It's not like the computers are 10 times more powerful.

It's still essentially the same stuff, the same environment that you're working in, maybe for lunch.

Instead of having a single item on the menu.

You may have 10 different items on the menu, but you still just pick one thing to eat.

When you drop with people itself interacting with five people, you may have to interact with 50 people when you work on the co pays.

It would just be a larger Kobe's and the office over on maybe larger, instead of having single building there, maybe 10 different buildings that are interconnected.

But you still end up going to a single building your small little desk whenever you're going to work in that sends.

The work environment is similar, and often in many scenarios startups work, environment, the facilities that bathrooms, kitchens.

That stuff can actually be better and higher quality than what you may find that large tech companies.

I'll say that for a lot of people, it might make sense at some point.

Once you've learned enough, once you've developed enough experience that you may want to prioritize compensation, maybe make sure that you've got some real money on the table that you can lock in there, maybe tackle some different types of technical problems and challenges.

Those I have to do with larger coat bases building with many different types of people.

You know that's an interesting challenge in itself, and also just as some more options to your lunch menu.

Those are all things that larger tech companies will be able to offer you so may not be a bad idea to consider those two.