5 ms·
I'm sorry to hear about your situation. From the way it sounds, you were never treated as a cofounder and three years and still no launch is an insane amount of
by code 16y ago
I'm sorry to hear about your situation. From the way it sounds, you were never treated as a cofounder and three years and still no launch is an insane amount of time for a startup. Regardless of what the reason may have been, it should definitely not have taken that long.
Given your low reserves and being unable to join another startup because of that, I don't see an issue with joining a company that can payroll you till you're able to pursue another startup idea down the road. You should be able to work on something on the side. I actually don't share the sentiment that working at a big company is bad (or as you say, not held in high regard). Definitions of startups are skewed. Technically Facebook is a startup, yet I look at them like they're a big company. It really depends. I think there's value in being at a big company as well. Some of my best business lessons were from regular jobs working at some bigCo prior to building a startup.
In regards to your career credit... you should have been vested for stocks on a typical four year vesting schedule where if you've been there for three years, you should have vested 3/4th of your stocks already. If you were an employee, and had stock options, that's different. You would need to check.
As a developer, assuming you're good, the market is wide open.
PS As a side note, if you're ever interested in joining another startup, I am looking for a cofounder (made a post on here earlier).
- throwaway4921 16y agoFrom the way it sounds, you were never treated as a cofounder On a personal level, I like our CEO a lot. He's really smart and one hell of a great guy but he wants to hold the power/control in his hands as much as possible-- a "benevolent dictatorship" of sorts. I also think he has a great vision and would be excellent in a lot of contexts. My issue, personally, is that I am doing this to get to a position of high autonomy-- and that may never happen, I'm coming to realize. I figure that if I work to get rich, I'll probably be miserable and might fail and, even if I succeed, won't be for the better for it (though if I have kids, they will be). Or I can work toward autonomy and enjoyment, maybe get rich and maybe not, but at least have the rare privilege of actually enjoying going to work. I'm doing the startup because, if it pans out, I'll have a really cool job and lots of autonomy. Maybe. But if the CEO decides I'm "just a developer" and I end up answering to some hired-gun VP, then I'll have no choice but to quit and, if my equity doesn't do well, years of my life will have been lost. There's a certain natural distrust I have of business people. Most of them don't mean to do any harm, but they waste others' time and ruin lives with their overconfident promises and their willingness to trample others' interests if they see it as the profitable thing to do. On the other hand, a dismal realist like me, one who acknowledges that failure is possible, can't inspire people in the way profound promises can, now can he? three years and still no launch is an insane amount of time for a startup. Regardless of what the reason may have been, it should definitely not have taken that long. I'm not sure how I feel about that one. First of all, there were definite (but forgivable IMO) time-eating mistakes we made in the process, and our first technical hire is brilliant but was a really bad choice for the first programmer, and we're still paying that down. As for time-to-launch, I think there are a lot of "social" startups that can be hacked together in a few weeks, but deep technology takes longer. Maybe not 3 years, but definitely 12 to 18 months. As a developer, assuming you're good, the market is wide open. I think I'm both too good and not good enough. "Too good" in the sense that I die a little bit when I have to use languages like Java instead of languages like Haskell or at least Python. "Not good enough" in the sense that I didn't become a programmer until age 24 and, despite natural talent, I feel like I have a lot of catching up to do. There's so much in software that I've never touched; it was only a few months ago that I learned HTTP and REST. PS As a side note, if you're ever interested in joining another startup, I am looking for a cofounder (made a post on here earlier). Thanks. I'll look at it. I'm actually not looking to move until mid-summer. Given that this is a tiny company, I'm more inclined to give 2-3 months' notice than the standard 2 weeks.
- impendia 16y ago> (though if I have kids, they will be) Not a parent, but I think the best thing you can do for your kids is to lead a good life yourself -- where good is by your own standards. > I feel like I have a lot of catching up to do. I must say -- you describe your skills similarly to most people I know who are seriously good. Really good people recognize there's a lot of stuff out there they don't know and would benefit from learning.