The lion kingdom's 3 year anniversary is next February.  That's a long time in startup years, so the current gig is probably within 1 year of ending.   Being a lion programmer is a hard life.  Winters are cold & unheated. Summers are hot & un air conditioned.  

Intermittent employment means programmers make around 1/2 of their reported salaries in the long term & that's below poverty level.  Long term stability is arguably better than intermittent income because lions pay the full tax rate despite only making half in the long term.  Someone constantly employed can make 1/2 & come out ahead.  The lion kingdom could definitely have made 1/2 & come out ahead through uninterrupted employment.

Aside from the tax advantages of being able to declare losses & liquidate assets, the lion kingdom never understood why the industry is divided into many startups all working for the same investors instead of everyone working directly for the investors in 1 company.  There's probably an advantage in having 1 degree of separation between the investors & the doers.




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