So Chef was just acquired for $220M. That sounds great until you look at that number in the context of 2 other facts. I believe they raised over $100M and they were valued as high as $360M in 2015. I hope the employees were taken care of as part of the exit but as @petecheslock
pointed out that may not be the case. If you work in the startup world, I'll pass on some advice I overheard during an influencer lunch at a big tech conference last year. A startup exit usually means one of 4 things for employees: 1) new watch money. 2) New car money.
3) New house money or 4) New lift money. The problem is when you think you're working crazy hours and ruining your health for new life money and end up with new watch money or less. Ask tough questions upfront and along the way to make sure you're not blindsided.
Hope is not a strategy. Evaluate the realistic upside and don't throw away your health for any amount of money. Someone said "Health isn't everything but without your health everything means nothing."
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