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When they aren't lowball, they are fake high-ball in order to get more buzz from investors and more applicants coming in from AngelList. When the offer is hande
by DTrejo 12y ago
When they aren't lowball, they are fake high-ball in order to get more buzz from investors and more applicants coming in from AngelList. When the offer is handed over for real, they low-ball. Of course not all startups do this.
- durga 12y agoYeah. Case by case.
- jurassic 12y agoI experienced this first hand. After interviewing with a company I met on Angelist they said their best offer was 80% of the bottom of their advertised range. It was a tremendous waste of time for everyone involved, and I'm not sure who thought that was a good idea. Even if I'd accepted, they would have landed a candidate who felt misled/disgruntled on Day 1. Not a great way to build a company, in my opinion.
- durga 12y agoThat's a really bad hiring strategy. What the company doesn't realize is that they are still paying 80%. If the company flipped their position and added an extra 10% to the 100%, it's conceivable that the motivation could actually make the employee 30% more productive and engaged with making the company successful. Great companies are not built this way. And sorry to hear you went through this - though you are probably better off not working there.