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by suemployee 3655 days ago
I like working there. I don't know the exact runway, but suspect it isn't too long. I think it may be hard to find another job that pays as much cash.

I kinda doubt it will turn around, but I suppose I could be wrong. How can you tell for sure?

2 comments

It's impossible to tell for sure - if you could, there wouldn't be any failed startups... People would leave the moment they knew it was going to fail. You know more about your company than anyone else, and you seem to think it's going to fail.

In my opinion, you should do what makes you happy, even if that means working at a failing startup. That said, you should definitely keep your eye out for other jobs, but don't act on any job offers until you find one you think you would enjoy as much or more than your current job and pays the same or more. You don't want to be stuck out in the cold if your startup fails, but you have plenty of time to look around. Don't rush into anything.

As financial is a good point to consider, IMO, you should also consider more about management. How good they manage company? How fast they execute something? Are they good in doing business and have experiences you trusted?

If they're keep discussing all the time without taking real execution or they can't make conclusion fast enought. It might make sense that they will run out of cash before figured out a way to survive.

Management is honest, but execution is slow.
Hey, if you like it, stick with them till they fail to pay you the last month's pay check. Then at the end of it all you can all go to a bar and cry together about the whole thing. I think the experience would be invaluable to you as a person. That experience would be worth more than the reputation damage it might do to your career.[1] All you need is a four to six month's expenses in the bank account.

[1] The purpose of a career is to enable the enjoyment of one's life experiences. No point going to a grave with a great career and nothing else.