Chapter
The Trade-Offs of Joining a Mission-Driven Startup
20:52 - 25:29 (04:36)
While joining a mission-driven startup may align with personal values, it often means taking a pay cut and risking the value of equity. It’s important for both the company and employees to consider the balance between mission and financial returns.
Clips
Duolingo's employees took a major pay cut of up to 50% to join the company, attracted by the mission-driven culture.
20:52 - 25:29 (04:36)
Duolingo
Summary
Duolingo's employees took a major pay cut of up to 50% to join the company, attracted by the mission-driven culture. However, the low salaries raise questions about the value of equity and potential rewards for investors and employees.