Obviously not true. The deals for most of these set ups are team founders/pms ar...

chronic94057 · on May 25, 2024

> The deals for most of these set ups are team founders/pms are paid mostly by profit share.

These PMs are not the ones job hopping every year.

And 95% of interview candidates are not PMs.

> So the only scam is scamming yourself into a low salary position for a couple years till they fire you.

200k-300k USD salary is not low.

And 1 year garden leave / non compete? That’s literally 0.5M over 2 years for doing jack shit.

This is very appealing for tech SWEs or MBA product managers who are all talk and no walk.

But even with profit share / pnl cut, many firms pay you a salary, even before you turn a profit. It eventually gets deducted when you turn a profit.

> Orders of magnitude more leave their jobs of their choosing than are fired.

Hedge fund, maybe. Prop trading, no.