Tech Industry
Yesterday
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Goog Employees Arrested
Health & Wellness
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Why are women naked in gym?
Tech Industry
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Layoffs
Yesterday
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Google CFO confirms "large-scale" layoffs today (Apr 17)
Tech Industry
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Google is out sourcing jobs out of US
I’ve observed many startups and entrepreneurs advertise themselves as “stealth mode”. What is the point of this when a) most people are too lazy to steal your idea. b) your idea has slim to no chance of being novel. c) it makes the company and founder(s) appear not trustworthy since they are automatically assuming they’re brilliant and outsiders can’t be trusted. Huge 🚩 What’s your opinion? Is this a sign of a noobie or is there some sound reasoning behind this?
So many would-be entrepreneurs are looking for a good idea, and new seed-rounds work to validate them. Stealth mode gives a startup a jump on those potential competitors.
Most often it means that they are in the process of starting a company. They are working on identifying what type of product and scope of problems they want to solve with it in order to get seed money from investors. They are not hiring employees, it’s usually just the founders at this point. There isn’t much value to having a name at this stage. I agree, “Stealth Mode” is cheesy, but you aren’t the target audience at this point, so it doesn’t really matter. One they get seed money, then they need a company name, some minimal branding so they seem legitimate enough that some competent employees would consider joining.
Recruiters often contact me about opportunities to join stealth-mode companies. They hire.
It means: 1) They couldn’t find a job. Covering their work gaps with a disguise. 2) They have no confidence in their “startup”.
Hey man don’t knock option #1. Whatsapp was developed from that reason.