TC 120K The company has lost 50% of it's revenue stream over the past few months and in one day another 25% dropped. They laid off 25% of the company and decided to finally slow down to figure out how to build things customers want. They have a 6 month runway if there are no more surprises. I'm already interviewing elsewhere and there are potential jobs that are advertising 200k+. Do I just drop the job for more longevity or stay for sick gains assuming a success? I'm not confident with the product team or the technical leadership to deliver. For those who require the question as close to the poll. Should I leave for another job? Yes/no
What’s the size of the company?
Originally was pushing 26 now it's at 16 People have left and the layoff happened
No point in staying if there’s no upside.
You have 6 months runway assuming everything goes perfect, but things have not been perfect for a long time. You should stay. You’re clearly too dumb to successfully interview anywhere else, or you wouldn’t be asking this question.
I've already started interviewing I was already going to leave. I just wanted to see if there was any reason to stay at all
yeah it's pretty funny to describe this, and ask if you should stay for sick gains :D the place is obviously run by low skilled people, otherwise these events as you described them could not happen. The fact they reached such situation indicates the leaders don't have enough experience to pull whatever they're trying to. And I doubt it'll resolve itself automagically somehow, one day the CEO/CTO wakes up with x2 experience and IQ. lol
You could stay if they give you the equity of those laid off
Equity does no good when the company folds
It's a gamble
what sick gains are you talking about while describing symptoms of a sinking ship?
They're trying to land a funding round and it'd be basically sink or swim at that point. So the gains would be a big raise for sticking around in their failure
How long will that take?
I'm curious what people who said no are thinking about
He said he's already interviewing elsewhere, so I said no may as well keep the paycheck until he's found another job.
I'm the OP
Clearly it is a no-brainer. Run away before the company has no runway left.
Additional 🍿 for those that are interested. The CTO acts as the gatekeeper to access everything. So if he were to suddenly disappear or die the company could no longer access the databases or modify the cloud infrastructure. They'd also lose access to the domain registrar and Google gsuite 😁. I've pushed endlessly to change this but he is adamant this is the safest way. He keeps a binder of all the passphrases for all the private keys with him at all times. Like if our encryption service goes down and he's in a plane there is zero we can do to fix it and the entire company application goes down with it. Single point of failures everywhere. Security theater galore 😅
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You didn’t ask a yes or no question in the text 🤦🏼♂️
What are you talking about it's in the title
Should I stay or go. Wtf does yes mean?