Anyone know about Fractal Software company ? I got messages from Fractal Software company. They say they will give you $1 Million for a start up, it will be their idea only, and you join on as a CTO or CEO and build the company. Are they a VC or a consulting company? Is this legit or scam ? #engineering #software #swe SDET YOE: 15 years TC: 300k
You got me. Is this blind's version of Rick rolling now?
The bots have given their honest feedback
Bump
Got the sam one, seems like they have a lot of ideas need senior people to execute. Could worth a try, another poster said they take 60/70%, might be a good experience if you want to learn how to build a company?? I don’t think I would expect to get rich though.
Yes, thanks for the feedback… That’s very little share left for you …
I also got same email. But I can’t seem to figure out if it’s worth leaving a 500k job
Plus in this economy…
Can someone on H1B do it ?
Can you get a decent base from this?
About $100k to $150k is what I heard so far (in the process of going through interviews)
DM me to chat about it
Hi, saw your post about fractal software. I am considering working with them. Can I get some advice from you? Feel free to call me 4258009849. Thanks!
i got some reachouts too, you basically just build their idea with a team they hire?
Yes while being paid $125k base per year
you hire your own team. Fractal may help with some parts of recruiting, but the company definitely interviews the candidates and makes hiring decisions
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It’s legit - I have a friend who’s done it. They take a lot of equity though, I think 60-70%. They focus on vertical SaaS
60-70%? That's an outright scam then.
Yep it’s ridiculous. I guess if you would never start a company otherwise it might be worth it but for most people it doesn’t make sense