AMA
Yesterday
1138
PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
India
9h
496
'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
World Conflicts
8h
347
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Tech Industry
Yesterday
3854
What happens when most of your team is Indian?
World Conflicts
6h
284
Why I Find Free Palestine Inspiring
Planning to join a seed funded Edge AI startup in the Bay Area, in 2 months. It is well funded, generating some revenue from pilots with some companies and the founders have good experience in the industry. What are the things I should and should not be worried about? Current TC: $320K cash, YOE 1.5 New TC: $220K cash + $175k/4 equity Update: the startup raised $10M at $50M valuation in their seed funding. I'm not worried about TC. I LOVE my work at Bloomberg but I'm more interested in learning about some non technical aspects like lead teams, how to raise funding, how do we price our products and find customers. I want to eventually get into a Senior management role. #tech #ai #startup
Do you believe in the product? Do you personally think it will succeed?
Are they qualified to know what will/won’t succeed? I can personally believe in anything, doesn’t mean it has any chance of happening …
I have to assume that OP is reasonably smart. So with that, I ask them if they believe in the company and it’s a startup, then they have the opportunity to work hard and to increase the odds of success. But if he doesn’t know or if he doesn’t care then the motivation to do well isn’t the same.
It’s fine. Worst thing is it will fail, you can always restart
Don't.
Risky for only 75k more (which is in paper money 💴, so technically you are taking a 100k paycut). Startups are getting slashed and their sources for funding are drying up. But high risk, high reward. If they make it, and catch the upswing on the other end of this .com bust….you’ll be laughing your way to the bank. Or crying if it works out the other way. If you’re sub 40, I would say take the risk. Youth is risks best friend in your earlier years.
Yes
You’re taking a pay cut?? For paper money? In this market? 🤯
Also you’re making $320k at Bloomberg with 1.5YoE? 🤔
Seems risky given the environment, but judging by your TC, you'll be able to get a new role fairly easily if it isn't what you expected. Either way, you can definitely negotiate more equity. What round is the company and what was their last valuation? Guessing Series B/C based on equity size. That said, Bay Area salaries should be higher or at least as high as NYC. There should be room to grow. Also curious, what squad are you on at BB where cash TC is so high? May make a switch myself lol
If you’re asking the Blind community, the answers will be biased towards TC and safety, since most people here have made the choice to work in late-stage companies
What’s your work like at Bloomberg?
You are taking a risky road my friend