I was employee #2 at my startup, which is on the brink or closing a solid Series A. I am a product manager but am suffering from bad micro management, which is stemming from the CEO instilling that type of culture. My manager may have a PhD complex and is very difficult to work with. I am applying to roles and am getting interest from companies. But I fear missing out on what might be a rocket ship if the company does really well. Ive helped the company grow from seed to series A and have a lot of responsibility. Do I stay? I have equity. Note that other employees at the company are feeling similarly unhappy.
A. How likely is it that your manager will simply take credit for your successes and fuck you over if things take off? B. Coming economic problems dictate that subsequent rounds or even initial rounds of funding will be very tight, acquisitions might decelerate, so it might be a bit further off than you think. Are you fine waiting a lot longer?
I’m not concerned about getting screwed over. I’m more concerned about my ability to deal with micro management and a bad culture on a daily basis. The culture is not promoting trust and autonomy even though leadership has never even done this before. That’s a good point regarding economic issues.
Prefacing with the fact that I don’t have kids, I’m actually leaving Amazon at the moment and opting for a job at a smaller place where the TC is entirely salary. To me, having to constantly deal with the anxiety of the stock cliffs and refreshers for $70k of my TC and ALSO deal with the thought of getting the RSUs and watching their value dwindle in a bad market was just a lot for me. I’m taking a $35k haircut, but it’s fine because this money is constant and can only go up.
What field is this start up in?
Prop tech
Sonder?
If you have equity and you’re unhappy... What’s the real difference between $10m and $5m
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Rest until it vests.
He cannot rest, it is a start up, this is not Google where u can rest and vest since everything is stable
He says he has equity already.