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Thank you so much for answering. Employees are the big point, but I have seen that fear even towards non-employees: dependent family members, partners… As some
by bertil 13y ago
Thank you so much for answering. Employees are the big point, but I have seen that fear even towards non-employees: dependent family members, partners…
As someone who’s been burned (hard) by asking that question and trusting the answer many times (Fool me once…), I see as a huge opportunity an audit company that could answer that question accurately, and reasonably well for early start-up: before and after hiring you and the all the profiles being considered.
- 2arrs2ells 13y agoAsk to talk to one of the company's investors if you aren't sure the founder is being upfront about runway. They should have a good handle on the company's cash position (and if they don't, that might be a yellow flag).
- bertil 13y agoNot sure how the relation with investors is in the US, but I can’t imagine them even considering that in any company that I joined. In hindsight, it was a red flag, but I assume there is a cultural gap there.
- 2arrs2ells 13y agoDepends on stage of company, but for my company (Series A, Bay Area, ~25 employees), we'd be happy to connect anyone with a job offer with our lead investor.