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Last year I left a company after ~26 months and some great work due in large part to the below-market-pay and shitty options situation. Founders were super secr
by angersock 11y ago
Last year I left a company after ~26 months and some great work due in large part to the below-market-pay and shitty options situation. Founders were super secretive about how stock and options had been handed out, and even worse, very opaque about things like "how much money do we have left"?
If asked to bump salary (paying their technical lead, me, $60K sans benefits), they'd say "we have no money to do so". If asked to provide more equity (because that's how companies have traditionally handled having little cash-on-hand), they'd say "we can't issue more options".
That continued inflexibility, plus other things, meant it was time to leave.
- ToPutItBluntly 11y agoHow did you last 26 months with that? Life is way too short for those kind of games. Congratulations on getting out.
- angersock 11y agoI believed in the product and in my team, and was still slightly on fire from my own most recent attempt at founding a startup. There's no shame in picking a suboptimal solution if it addresses stability and anxiety concerns--it's just important not to stay if things get better and you can't upgrade the solution.