As an indication that some of the dot-com glamour has faded, a new survey reveals that almost 45% of professionals are not interested in working for a pre-IPO company.
In fact, only 6% of respondents to the survey conducted by BridgeGate LLC indicated they would take a pay cut in order to work for a pre-IPO company.
Almost 45% said they would require a competitive salary as a condition of considering a job with a start-up. And nearly 20% of workers said they were interested in investing in such a company, but not in working for one.
"These findings clearly demonstrate that Americans understand the difference between their roles as investors and employees and are reluctant to gamble their careers," says Dudley Brown, managing partner of BridgeGate.