I can add some perspective. One and a half years back I took a 80 percent pay cut to join a 10 member startup. My salary now has improved to almost 60 percent of my previous company. I don't really regret that decision though and here are few things I clearly thought about before making the decision.
1. Learning and growth opportunities at the new place
2. Autonomy around my work
3. People
I think people derive meaning when they see that their ideas are appreciated and users care about the product. I liked the people at my previous job, however the first two items were somehow missing.
It also helped that one of the co-founders at the startup was a friend from undergrad.
1. Learning and growth opportunities at the new place
2. Autonomy around my work
3. People
I think people derive meaning when they see that their ideas are appreciated and users care about the product. I liked the people at my previous job, however the first two items were somehow missing.
It also helped that one of the co-founders at the startup was a friend from undergrad.