Small company or big company?
benkuhn.net
benkuhn.net
If you want space to find a perfect solution for a well-defined technical problem, you probably want to work at a big company, and if you want messy open-ended problems where you get significant ownership over the product direction, you probably want to work at a small company.
Iterate quickly, knowing you are building some some technical debt. When you figure out the product, chances are that significant portions of code have been thrown out, and now you should focus on upgrading the quality of that early code.
The engineers I've seen that struggle at early stage startups are the ones who want to go from 0 to 1 on a prototype but want to write well-factored, robust, scalable code because they are worried about how it will be maintained. I can't stress enough, to be successful at most early stage startups, the goal has to be to create a product that people love, and then figure out how to get it maintainable.
In the case of the particular person I originally wrote this for he wasn't looking at FAANG, and my impression is that most large companies are not competitive with them. In your experience, is that part still accurate?
I know there are some aggregators like comp.fyi if you want to take a closer look at some self-reported data.
I do know a lot of people making this or even much and they're not working at Google.
I may be a little bit naive, but when my friend talked me about it I thought he was going to announce something like 200K or more, because these are the stories we always hear around here.
In the end he decided to not go because he already made the same amount of money and didn't want to move his family to Paris just for two hundred bucks a month. But I don't know anything about bonuses and 10% raises everywhere, or at least he did not tell me.
If your friend is earning around €100k in France and not even living in Paris, then they're in a VERY privileged position. I'd say that €110k in Paris, factoring in exchange rates, CoL & taxes, can be the equivalent to a $200k salary in SV. So it's hardly a downgrade.
My base salary has been higher than my classmates who joined FAANG since graduating ugrad. I jumped between non FAANG companies, they have been quite loyal. However,they are now clearly in a better financial position than myself.
1. FAANG compensates for institutional knowledge; engineers are rewarded for sticking around. my classmates that started at 100k USD 5 years ago, are now making ~175 base. They have gotten a 10% raise each year. 2. Performance bonuses. Not as common, for those who have a perf bonus the target is 15% of salary. 3. FAANG will give aggressive stock packages to engineers (which has real value from the get-go, unlike startup stock options) My classmates receive an annual stock package of 65-100% their salary.
This effectively bumps their 2018 compensation to between 225-300k USD. They are 5-6 years out of undergrad.
(I work at Google, in Boston, but don't know details about how comp is figured)
I understand the two categories are supposed to be generalisations but I think there's a middle ground worth mentioning: small businesses.
Large corporations are the "low risk, low reward" extreme. They stereotypically offer good job security (although this has become increasingly untrue) and career growth opportunities. They are more likely to offer stable working hours at market rate but also require a lot of red tape if you want to do anything new or exciting.
Startups are the "high risk, high reward" extreme: typically pay below market rate, terrible working hours but possibly exciting technology with lots of self-guided work and in some cases you may even be offered the equivalent of a lottery ticket.
However there are small (5-50) companies that offer more reasonable working hours and quality of life than a startup while also enabling you to "leave your mark". The difference is that unlike startups these aren't necessarily "growth oriented" but that doesn't mean they won't have an impact -- just that they don't have to grow their impact exponentially to avoid dying.
In my country (Germany) there are entire industries that are dominated by small companies. Sure, those industries aren't always the kind you can brag about (but then again neither is "I built the address widget on the Amazon checkout page" and if you're honest, nobody really wants to hear about how you worked on "Facebook for cats" or "Uber but with rickshaws" either) but they're a legitimate middle ground.
That said, I find it telling that the article seems to mostly disregard the actual question and focus on finances -- both by going into unnecessary detail about startup viability and by talking about salary and "revenue opportunities" but nothing else that's relevant to quality of life (except for multiple stabs against Microsoft, that is).
I work for such a company. They've been profitable from day 0 (100% bootstrapped). The company really takes care of its people: great benefits, reasonable hours. I've really been able to leave a mark, having a degree of autonomy in technical decisions I'd get no where else.
To make this concrete, if you care about work / life balance, you can independently research the reputations of different big companies on that front. But for an arbitrary start up, the best you can do is often to ask them and hope you can suss out the degree of truth in their answer. Then if you do find a start up that really has good balance, it is (by definition) going to grow quickly, which often (but not always) results in that balance changing over time. Things change less quickly at big companies.
This isn't an argument in favor of either big companies or start ups, it's just an argument against the idea that "big company vs. start up does not add any information once you know what you care about"; I think it does.
There's some incredible job satisfaction perks that come with smaller companies.
But as others have pointed out, there's a difference between a "small company" and a "startup". The former is likely filling a need where it is, and is hopefully growing at a reasonable, but steady pace. A startup is a get rich quick scheme that's gonna be huge in the next couple years or wont exist anymore by then.
That is so wrong. Very wrong. It's all about competition. If you work for a well-connected startup or a big corporation, it may feel like there is no competition... But the competition exists; they just never had a chance. The reality for most startups is that they're faced with impossible competition. Competition is everything.
>> You can tell whether a startup has [already] made something people want by whether it’s growing really quickly
People buy what they're told to buy. People don't actually buy what they inherently want or need - If they did, they wouldn't be so miserable and Facebook wouldn't be making so much money. "Make something people want" is a lie - The quote should be "Fool people into buying something they don't need".
competition is everything. it’s no fun and not worth it to work for a startup that is withering on the vine.
I think most businesses, when they are driven out by competition, actually fail at delivering value. Competitors just show them how it should be done. Unfortunately it is almost impossible to change how an existing business entity operates.
1. Freelance: It really depends on the project you accepted. There are a lot of tasks which some company can’t solve and asked for the freelancer to help. But there is also a lot of repetitive work like creating WordPress sites which don’t improve your skills at all.
2. Software Agency: If it is a small software agency, you will be expected to do MVP(Minimum Viable Product) for other startups/companies over and over. There is some software agency that helps to maintain the apps, which you can understand the issues that happened when scale.
3. Small Startup: Build fast, learn fast. Usually, don’t have enough people, you need to do everything in a breakneck pace. It is hard to get someone to guide you along the way, you have to learn from your mistakes or lousy code from the previous colleague.
4. Medium Startup: This might seems to be the perfect ground, I haven’t work for this type of company. The startups should have a standard in the software development process and able to introduce changes if it is good for the team.
5. Big Corporation: Depends on the team you joined. Chances are you are working for a small part of the whole system and don’t know how everything works when put together.
You can read the full article: https://medium.com/@cylim/my-first-year-working-in-the-it-in...
Despite I would do it again (for other reasons, NOT for quality of life), I think that my six years at Amazon have been way, way worse, and it's not just my own experience, it's what I've heard from colleagues or ex-colleagues at Microsoft, Google, etc.
If you describe Microsoft as bad for QoL, I'd describe Amazon as brutal, and Google as the pension for Amazonians.
Please, don't take any offense from what I shared, and also consider that it is still a personal point of view, not backed by large datasets or surveys.
I think it is still useful for HN to read my opinion about the subject.
and lithe, efficient, empowering teams in a massive one.
Not that size doesn't have other implications -- but the specific people who work with/around you matter far more than the size of the company.
--which is to say, if size is the determining factor in your decision, you don't actually know what you're getting into either way
Big companies if you want the company to spend money on training you, good salaries, extra benefits and being to drop the job after going home for the day.
I suspect I am not alone!
Maybe you mean startups? There are lots of small companies that pay very competitively and have great benefits. There are big companies where the pay and benefits are terrible along with forced OT or on call. I have worked at both.
I will take the small company over the big every single time, because in the small I have always been able to enact change to make things better (going as far as getting them to change the retirement provider to another one with better fund options). In a big company, even when it is clear there are problems, it can be almost impossible to push changes through.