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If you're joining an early startup you're making a big bet on the quality of the founders and other early employees. How well do you know them? What's their tr
by mikebo 17y ago
If you're joining an early startup you're making a big bet on the quality of the founders and other early employees. How well do you know them? What's their track record prior to this startup?
Joining as an early non founding employee is not great on the risk/reward ratio. You take on almost as much risk as the founders with much less upside. If you think the company has a high probability of being successful it may be worth it, but I'd evaluate them very carefully.
- lief79 17y agoAll 3 are coming in with business experience in the industry. I only know them from the interviewing process. From what I've seen and heard there is a strong potential for rapid profitability. They are currently turning down venture funding, and going from using consultants to expanding the developer base.
- brk 17y agostrong potential for rapid profitability Just as an FYI, every startup from pets.com to paypal has said this. There is also a strong potential for a slow agonizing death. Go with whichever one you feel will give you the most career AND personal network/contacts growth.
- lief79 17y agoI was part of the slow agonizing death at a smaller company with 15 years history. It's not fun even when it's just your salary riding on it.
- mallipeddi 17y agoFounders always paint an extremely optimistic picture. You need to look at the facts, and decide for yourself. If you believe in their idea as much as they do (which generally won't be true), you're good to go.