A friend recently left his job at a global advertising firm to take the No. 2 position at an online-media startup in the hills outside Los Angeles. To secure the position, he took a pay cut and joined immediately. He bunked with the founder in the back of the startup’s warehouse office while his wife packed up their Chicago home and eventually set up house in Los Angeles. She didn’t need to bother. He is never home. He is working 18-hour days, seven days a week. He has a boatload of founder’s stock and is shooting for a golden exit.
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