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This is a really great article. I've been asked several times about the right moment to join a startup, but truth to be told, it really depends a lot on your ex
by iss 11y ago
This is a really great article. I've been asked several times about the right moment to join a startup, but truth to be told, it really depends a lot on your expectations. Do you want to join a super early stage company and do whatever is needed or do you prefer to join a funded and work on a very specific role. Important questions here:
1. What are your expectations?
2. Are you a generalist or a specialist?
3. Do you want to work in a small room with two or three guys with a pay check?
4. Do you want to join a more established startup, but have less impact?
Make sure you understand the pros and cons of each option!
- Disruptive_Dave 11y agoHere's another overlooked tidbit: There's a good chance your skill set that was so valued in a 3-person early-stage startup will be significantly diminished when it turns into a 10-person, funded machine. Generalists are awesome when you're scraping your way through experiments and the "do whatever you can think of to increase sales this week before our investor meeting next Thursday" type stages. But I've seen those generalists left out in the cold when it comes time to focus and scale.
- untog 11y agoI'm not sure generalists ever run out of things to do. Sure, specialists may take off segments of the work to focus on, but generalists are still valuable.
- TuringNYC 11y agoFrom what i've seen, i'd agree with the parent. Specialists come in, often with MBAs, create their own empires. Generalists who helped build the company/process get layered with greater amounts of meaningless work, often making less than the inbound specialist.
- patio11 11y agoI've seen those generalists left out in the cold when it comes time to focus and scale. A particular subclass of this problem: the person who heads up your (pick a department randomly) Marketing from e.g. your seed round through your Series B is a) likely to be young and on-paper unprepared to run a Marketing department with 10 direct reports, b) likely to have a perceived lack of gravitas, c) likely to lack industry connections. Your VC fund and/or senior management may decide to bring in someone More Appropriate For The Role when you need a Director of Marketing. This presents a dilemma: what happens to the person who built your entire marketing strategy when someone has just been brought in to own the entire marketing department going forward? Is new person going to report to them? No, that's an obvious non-starter. Are they going to report to new person? A surprising number of people would prefer to not have perceived issues with the existing team (most of whom were, after all, hired by the existing employee) deferring to that person rather than their new titular boss. This is a time at which you either pray you are listed as a founder of the company or the founders are willing to go to the mattress for you, because otherwise the outcome is "Thanks for your service; best of luck in your next job."
- morgante 11y agoAlternatively, you grow with the role and thus have a faster career progression than you would otherwise. Even if you do end up being replaced, you can manage that transition so that you can parlay that experience into a more senior role at another company. If you have a good relationship with the founders (a necessity of any startup), they should give you plenty of heads up and help in navigating this, even if they do decide to bring in someone with more experience.
- tptacek 11y agoThat's often a lot harder to do than it sounds. Engineers don't feel this pain as much, but marketing and sales both see explosive increases in complexity at scale. If you've never managed a direct sales team before or worked for a long time on a well-managed direct sales team, you're probably not going to be any good at managing one yourself. It's hard.
- w1ntermute 11y agoThe nature of a lot of engineering (bog standard business logic and UI implementation) is such that a good engineer can adapt to shifting needs and focuses. For example, an engineering team can weather a shift from consumer to enterprise much more easily than sales/marketing. But non-engineering positions are also more monetarily and professionally rewarding in the case of success - a textbook example of high risk, high reward. This is also related to how engineering is often viewed (correctly or not) as a young man's game. The most commonly cited reason for that is how there's always new stuff to learn, but even if there wasn't so much churn in the relevant knowledge, the fact that younger employees can grow and "catch up" professionally much faster than in other business functions plays a role.
- timr 11y agoYou don't necessarily get fired (if you're an engineer) when this happens, but you probably do get socially brutalized. The founders/investors inevitably begin bringing in "experienced managers" -- people whose primary qualifications are a few years in low-level management at a big-name company. They might even be the same age as you, if not younger. Important decisions begin to bypass you in favor of the new management structure. You get less and less authority in roles that you helped define. It's a really crappy experience. The problem is that you're a known quantity, and the founders/investors see you as a great worker -- in a certain role. They perceive some problem, and since you're part of the system with the problem, you are seen as incapable of fixing the problem. Better to hire Magic Mike from Facebook or Brilliant Bob from Google to come in and make everything better. I've seen this happen so many times. If you're an engineer, your choices are generally a) swallow your pride, ride out your vest and don't advance in your career, or b) quit, lose the money, and hopefully move into that more senior role somewhere else, so that you can be Magic Mike next time.
- sshumaker 11y agoI think the article's overall structure is actually pretty poor. One lens to think about a startup job is risk vs. upside - both risk and potential upside decrease as the startup progresses. Ultimately, a large publicly traded company has the least risk and least upside. It's a very broad brush to simply say 'unicorns are a bad time to join' - people who joined a few years before the Google or Facebook IPO still did very well with minimal risk. Another approach is to consider what non-monetary goals you have - e.g. growth. For a junior engineer, going to a top-tier public company or unicorn is often a pretty good idea since you can learn a lot about best practices and can be mentored by more senior talent. Going to a startup mid-career is often useful since you get a broader perspective outside of engineering (on business, marketing, etc). etc.