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Hi, so this is all happening at the startup I work at: #1 CEO: We just closed a XX million dollar Series C funding round! -- later at an a company wide meeti

Hi, so this is all happening at the startup I work at: #1 CEO: We just closed a XX million dollar Series C funding round! -- later at an a company wide meeting --- CEO: we have zero revenue. if we asked our customers to pay us, they would drop our product in a second... so, uh, we really don't have product market fit yet. me: ... CEO: no worries. we are attacking such a large market. surely we'll find something. and when we do it will be HUGE... it'll be... it'll be... it's so huge I'm having trouble even describing it! #2 -- at an important weekly product meeting -- CEO: okay it's been ten minutes. where is [cofounder] CTO: oh he's in china for the week. CEO: ... CTO: On vacation. everyone else: ... (your cofounder didn't tell you that?) #3 me: your company name "cadabra" sounds like cadaver. ceo: nah, dude. me: you had to spell it out when I asked you to pronounce it. ceo: nah, we just need to hire more marketing people. #4 wannabe designer: so tell me how you approach design. me: well I really like being apart of the process from start to finish, since I've also done UX wor-- designer: great, let me tell you how we do design here. i draw up the stuff and you do it, unless there's a technical problem. you can argue and you will be wrong, ha ha. me: you're joking right? designer: * proceeds to create barely passable UIs * And the list goes on. I have plenty of more stories to share but I am currently busy seeking employment elsewhere. Shameless plug: If you're looking for an American android developer (10,000+ install base on play store), or a front end web developer ( Tech Giant), a back python/java developer ( past startups ), let's talk shop at snarkyhackernewsuser@gmail.com.

wpietri 11y ago
Ah, #1 is very familiar. Except that your CEO is slightly better in that he can admit they don't have product-market fit.
- adeadb2bcompany 11y ago
  Not completely honest however. Before I joined, she overstated the number by a factor of 2... without clearly defining that that the company was making no revenue. She's extremely stressed and there's a lot of pressure on her. I understand that and I commiserate-- the problem is that at this point, it's all just "playing house".
colmvp 11y ago
It's honestly baffling to me how much #2 resonates with a company I'm working for. I just don't get it. There typically aren't that many co-founders in a company. How hard is it to keep one another on the same page. Sometimes it's about vacation times. Sometimes it's about resourcing. Sometimes it's about projects being worked on.
- adeadb2bcompany 11y ago
  It's not a question of "how much effort" but more "what kind" of effort. In my situation, I'm getting a firm impression one of the cofounder is "checking out"[1] so the kind of effort needed to notify his fellow cofounder is probably not something he can summon at the time. I find it particularly distressing because, in my view, your cofounder is like your lifelong partner. Imagine going to another country without telling your husband or wife for a week. Maybe it'll be fine if you apologize afterwards... but what would you tell your kids? Metaphorically, the "kids" are everyone who sat in on that meeting and were amazed at the lack of communication between the two. [1] He doesn't really seem to have a huge role in the company anymore. He does not seem anywhere near as stressed as his cofounder. He kept silent when there was a "we don't have product market fit, oh shit" situation when it was revealed to the company.
smarks 11y ago
Story #3 reminds me of a rule: if your company's name causes spontaneous laughter from multiple people, it's a bad name. This really happened: (at a party, in a group of 6-8 acquaintances) Me: Oh hi Fred, how're you doing? I heard you got a new job. Where are you now? Fred: I'm at Clustra Systems. (entire group laughs spontaneously) [explanation: everybody in the group other than Fred simultaneously thought, "That sounds like a Clustraf*ck of a company." OTOH maybe Fred did too.]

wpietri 11y ago

Ah, #1 is very familiar. Except that your CEO is slightly better in that he can admit they don't have product-market fit.

adeadb2bcompany 11y ago
Not completely honest however. Before I joined, she overstated the number by a factor of 2... without clearly defining that that the company was making no revenue. She's extremely stressed and there's a lot of pressure on her. I understand that and I commiserate-- the problem is that at this point, it's all just "playing house".

colmvp 11y ago

It's honestly baffling to me how much #2 resonates with a company I'm working for. I just don't get it. There typically aren't that many co-founders in a company. How hard is it to keep one another on the same page. Sometimes it's about vacation times. Sometimes it's about resourcing. Sometimes it's about projects being worked on.

adeadb2bcompany 11y ago
It's not a question of "how much effort" but more "what kind" of effort. In my situation, I'm getting a firm impression one of the cofounder is "checking out"[1] so the kind of effort needed to notify his fellow cofounder is probably not something he can summon at the time. I find it particularly distressing because, in my view, your cofounder is like your lifelong partner. Imagine going to another country without telling your husband or wife for a week. Maybe it'll be fine if you apologize afterwards... but what would you tell your kids? Metaphorically, the "kids" are everyone who sat in on that meeting and were amazed at the lack of communication between the two. [1] He doesn't really seem to have a huge role in the company anymore. He does not seem anywhere near as stressed as his cofounder. He kept silent when there was a "we don't have product market fit, oh shit" situation when it was revealed to the company.

smarks 11y ago

Story #3 reminds me of a rule: if your company's name causes spontaneous laughter from multiple people, it's a bad name. This really happened: (at a party, in a group of 6-8 acquaintances) Me: Oh hi Fred, how're you doing? I heard you got a new job. Where are you now? Fred: I'm at Clustra Systems. (entire group laughs spontaneously) [explanation: everybody in the group other than Fred simultaneously thought, "That sounds like a Clustraf*ck of a company." OTOH maybe Fred did too.]