I noticed that in the last 5 years startups don't really go public and grow beyond 10B+ with external investments. Then people join and watch them drop massively! Uber was worth $60/stock before it went on an IPO 6 months later $30 Instacart was worth 40B when it was private. Now it's worth 6B. Co...Read more
It seems like the economic environment is precarious and you keep getting these cautionary tales of a looming recession. If a recession does hit which kind of startups would be most impacted #startup #recession
I’m a senior software engineer at Google and I founded my tech startup 2 years ago. I’m alone with no employees. I developed the product with no marketing involved and only on 1 platform. The first year I did $200k in sales and the second year more than $500k. The estimation for 2022 is about $75...Read more
Wasted 8 years of my career working in startups in Bangalore, India. RSUs/options offered by Indian startups are scam. None of them paid off. Then came to the USA and I saved 20 times more than what I did in India in just 5 yrs in USA. Tc 500k Nw 700k
Are their other startup companies similar to Figma that you may be aware of? Their employee reviews are CONSISTENTLY stellar in terms of wlb, comp and benefits. I also see lots of praises regarding their product which is equally important imo. Hope they stay the same or get even better after the acq...Read more
Is there any startup CEO out there that’s looking to hire a Chief of Staff? I’m a Microsoft SWE but I’m looking to work for a startup CEO as his/her Chief of Staff. Willing to relocate anywhere in America. Ping me! TC: 200k
Hi all, Have 2 offers in hand: - Google E5 at ~500k/year - Series A startup with 70m evaluation at 180k cash + 0.1% equity Does it even make sense to consider startup in these conditions? #google #startup
One of my former employers had, imo, the most ridiculous perks for its stage, when I joined it was series B, around 80 people, the perks are: - 100% paid (employee and family) premium insurance package (I remember I was on PPO250 that costs employer about $550 a month for just me) -401k, 100% match...Read more
I am one of those ex-FAANG engineer who left big tech cushy remote job paying 400k in 2020 to startups paying half the base salary, because I wanted to build something significant and in the process become rich as well. My comp was also 180-200k base + equity. I have 8 YOE. 3 years now , 2 startup...Read more
Are there any startups in Austin that are hiring? I have some friends looking for positions in the area, but it’s hard to get in with large corporations. #software #engineering #hiring #startups
Hi, I got a job offer for a leadership position at a B series startup. 195k base and .4% equity over 4 years (current evaluation about 900k but with large growth potential). Base pay and benefits are less than current package and equity is of course uncertain. Any recommendations on how to compare t...Read more
Want to start a AI startup in the LLM Agent space. Looking for a co-founder. Hit me up
What is the best age of doing a startup? Forget about personal responsibilities like marriage or stupid kids. Suppose you dont choose to do any of those. Just purely from the career perspective.
I am currently a MLE L6 at G Yoe at G 6; total yoe 9 TC 550k at bay area I got an offer from a series B fintech startup in Seattle. Base 260k no annual bonus mentioned. Stock option 310k unit with strike price the same as FMV at 3.2 dollars per share ( vest over 4 years) I really have a hard time t...Read more
I am being interviewed in a startup. Current team size is under 20. What kind of equity % can be asked at early stages startup? #google #amazon #apple #netflix #uber #meta #startp #rexh #equity #startup #equity
I'm in a process of deciding if I have to accept an offer from an series A startup. The market they are in is niche but very good potential to be acquired. I'm thinking about the connections and exposure I would get working there and how it could help me long term. Offer - 195K, 10%, .3 Current TC...Read more
I’ve always joined startups around the low single digit billion valuation and they’ve all given me huge returns (upwards of 15x). I think it’s pretty obvious which companies are in hyper growth mode (early stage Uber, Airbnb, Stripe, Robinhood, etc). So my question now (which may be silly) is why d...Read more
JP Morgan bought student loan startup Frank for $175M in 2021, thinking they had 4M customers. In reality: customers were fake. The big story we should be talking about is how devs at the startup refused to generate fake students… so CEO Charlie Javice had to outsource this. She got $10mil. She co...Read more
Edited: I was hired pre series A. We scaled rapidly right into an exit to a FAANG company. Company was ~3 years old at the time of acquisition. 🚀Here is how to re-create this scenario and join a company that may actually reach a liquidation event, because if not, then why bother? ✅ 1. Look at th...Read more
Anyone recall this blog post years ago about FAANG being the path to multimillions vs working at a startup? https://danluu.com/startup-tradeoffs/ tl;dr, working at a FAANG for a decade will make you 2M at least. Vs unknown wealth of a startup