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by firefoxd 1037 days ago
This sounds like the start up I left a couple years ago. I was employee number 3. I took a deep pay cut to join them. I shared a cubicle with the ceo and cto, the two cofounders. Tight nit group.

A year later, we had our first round of vc fund. I had a slight bump in salary, but owned stocks so all is good. My role was, make-things-work-at-all-cost. I'd be on calls with customers and their engineers to make things work. I'd generate specialized reports by merging data locally, I'd get a calls on my personal phone from customers. We did the things that don't scale.

Year 2, we are 30 employees getting ready for another round of funding, the ceo and cto spent all their time in vc meetings. I worked in all my waking hours, it was unsustainable. I told them I needed a break, the way they responded showed me that I was just another replaceable employee.

I packed my stuff and left, they tried to screw with my stocks, but i fought back and got it all. They got their second funding. They never replaced me. Instead of hiring 2 or 3 people to do my job in a scalable manner, they stopped offering the service all together. Instead they went with buzzwords in AI.

Fast forward 3 years. The company was acquired, the stocks are worth 0 dollars, and most employees got fired. Though the linkedin post sounds like a success story.

1 comments

How did your stock wind up being worth $0? Down round or a "practically an acqui-hire" type of acquisition?
It was an acqui-hire, so former employees got nothing.