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Ask HN: Is it appropriate to ask a startup how much runway they have left?
When you're interviewing at a startup is it appropriate to ask about how much runway they have left? Or maybe ask if they have funding for a year's worth of time at the current burn-rate?
- makerops 13y agoFor sure, you are risking lower pay/less security for the chance of making it up in equity; as complete as info as you can gather is a must.
- bandy 13y agoYes, it is. However, they will probably lie to you about the cash they have on-hand, their burn rate, and when they'll hit break-even.
- byoung2 13y agoWhen I interviewed at Mahalo back in 2007, I asked and they said they had about a year of runway left. I asked why they were hiring people in Santa Monica instead of in the Philippines and they said they didn't believe in offshoring. A year later they laid off a bunch of people and shifted them to the Philippines. Glad I asked. http://www.businessinsider.com/2008/10/jason-calacanis-mahalo-fires-a-third-of-its-u-s-staff http://www.businessinsider.com/2008/10/jason-calacanis-mahal...