FinTech worker - Move to a Series-A FMCG startup or an established FMCG?
Hi all,
I currently work at a household FinTech company in India (not Paytm) and previously worked at a grocery e-commerce company (that has its own FMCG products) and I was significantly happier in e-commerce/consumer products space.
I feel FinTech is not for me and looking for an exit.
Right now I've an option
Series-A FMCG - Valuation $100Mn, 10X growth in 2021, Role - Head of E-Commerce, founding team is from HBS, Compensation - TBD, comp discussion in two days, will make an ambitious or conservative ask based on replies here.
Should I join it or try at an established FMCG company such as Nestle, P&G, etc in a middle-management role? I do not know if I'm ready for a senior level role, especially as my confidence right now is totally bruised.
TC - 20L
YOE - 4
Current role - Mid-level Analytics guy
#tech #stripe #nestle #fmcg #ecommerce
comments
If it's a household name, just spell it out nah. I don't understand why you are keen on moving from Fintech to FMCG in the first place
I always feel retail is crowded(talent wise) and that too moving from an analytics role to a proper retail company as head of IT type role doesn't sound promising to me.
Maybe I don't understand it well enough, that's why I was asking for names.
I work for a payments gateway company. Its a cash cow now although I hold no stocks (was desperate to move due to mass lay-offs at Grofers so accepted offer without stocks).
My current company has a very positive image in the industry but the actual culture is very toxic. And I've only heard worse things about other FinTech companies. The work never stimulated me, either.
Can try another industry or go back to the one (or its adjacent) in which I liked working.