Curious about other experiences. I worked at a “startup” which had 100 people and already raised their C Technically, from a risk adjusted perspective, this is the best time to join a company (it eventually IPO’d). The equity pays off and is almost a necessity in the Bay Area according to Wealthfront. However, even though the financial payoff is much less likely at Seed and Series A, I am wondering whether for the fun and growth perspective it is worth it and just expect to take a lower salary for more satisfaction. Who had had such an experience? #startup #seriesa #seriesb #salary
Are you ready to work for 60-70 hours per week and ready to wear various hats? ( Dev, customer support, documentation specialist, sysadmin, network engineer)? If yes, go for it.
Worked at startups for most of my career and have never worked that much lol
Joined my first startup at B, second at C, current one at seed (now at A and starting the B raise), as well as founded two of my own. The fun and growth (and frustration) will be off the charts. WLB is a gamble but I’ve never worked much over 40 hours and typical weeks are like 30-35 (including shit like meetings and the like). More autonomy but no safety nets and often nobody more senior to check that you aren’t doing something stupid. There are pros and cons but I truly do love working in startups. You also get to learn about different domains - I’ve been in healthtech working with biologists (I have a background in neuroscience so that was nice), emotion detection working with people from the auto industry and facial modelers, and marketing tech using computer vision. You have to be comfortable with ambiguity, shipping imperfect code, and “giving away your legos” as the company grows.
>just expect to take a lower salary for more satisfaction. You may be overestimating the satisfaction you'll feel with lower salary.
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Joined DraftKings at D and at seed now. If you are financially secure, I'd say go for it. Workday is really enjoyable, problems/challenges are varied, and everyone is a jack of all trades vs. Hyper specialized you see in big tech
Yeah that’s what I have been feeling. The payout will be low. I am not set for life but I went through my second IPO, both joining at C. It’s probably the same as joining Big Tech total payout wise I suspect. But my mental health was dying. What are you enjoying most and how did you pick?
I'd say the freedom/lack of lanes I enjoy the most. I know I'm working on the most important problem at hand. I'd prioritize team then industry. Founders and I view things the same way regarding roadmap, work/life balance, etc. And they've worked together on two moderately successful exits previously