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But that potential upside of a couple million is now facing a downside of the company not being able to raise their next round and facing layoffs on a 6-18 mont
by reureu 4y ago
But that potential upside of a couple million is now facing a downside of the company not being able to raise their next round and facing layoffs on a 6-18 month runway. I always thought that economic downturns meant people race to the big companies for more security?
Of course, if you were already pulling 200/200 from a big company, you might have already banked enough of a nest egg to feel comfortable with the risk of startups.
- VirusNewbie 4y agoGood points, but I think it entirely depends on the company’s runway and revenue. Companies that are making money hand over fist don’t have much to worry about, and startups that just raised and don’t have to raise again for two or three years are probably fine as well (as in, no more risky than any other time to join that early stage company)