4 ms·
Not exactly horror, because I did enjoy the ride but was CTO and employee 3 of a startup with a promising idea that didn't pan out. I had a good number of share
by lbriner 5y ago
Not exactly horror, because I did enjoy the ride but was CTO and employee 3 of a startup with a promising idea that didn't pan out. I had a good number of shares, although far fewer than the CEO and COO, would have been worth some good dosh if we had sold for £1M+. Incompetent leadership, no sales, Directors not stepping in soon enough and the company ended up selling for a small enough amount to pay back Directors loans with nothing for the shares.
Annoying but you shouldn't fantasise about it unless you have a major input into the company success. If not, you are more likely to watch others fail and feel powerless and frustrated. We can all look back and wonder why we didn't buy 100 bitcoin when we first heard about it but we can't so work somewhere you enjoy, earn enough to be comfortable and if you do make some cash, great.