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by billy99k
472 days ago
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I don't work full-time for startups, because of this. I was contracting for a startup last summer for about 6 months. They paid really well, but after researching the company, they were on their 3rd round of funding. The estimated yearly profits were a sliver of this, meaning they were burning through VC money hoping for an acquisition or somehow massively increasing profits. The product was also in a very crowded space with lots of competitors. They had 3 other contractors working on the same functionality and they were all let go within a couple of weeks, because I could get it done 2X faster and without many integration issues. I would have gladly kept working as a contractor, but when I refused a full-time work offer, they cut all contact off with me. I would talk to the FTE frequently and they were always overworked and on multiple teams. |
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