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by minimax
4969 days ago
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2. I was thinking in particular about this particular paragraph from the OP: "Early on in my first company I had an employee ask if it was a good time to buy a home. We had less than 6 months’ cash in the bank. I was pretty sure we were going to raise another round of capital. But not sure, sure. I mean you never know if your investors are REALLY going to keep backing you. And you can’t go around telling all of your employees your deepest insecurities about it or you’ll soon have no more of said employees." He never actually completes the thought (what did he actually tell the guy?), but this isn't some vague insecurity we're talking about. If the runway ends in 6 months without more funding, you owe it to your employees to be honest about it. It sounds to me like he witheld the information because he was worried his employees would leave if he didn't. 3. I think there's a lot of substance and humility in what you've said and I appreciate that. What I meant is more that the OP just smacks of self-congratulations. "Look at me. Look at all this bullshit I put up with. Be like me... if you dare." x. I think it makes him sound childish rather than intense. |
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I was in that situation, as the employee. Had a bonus contractually promised to me and a jump in salary, bought the house (luckily it was the house we needed, not the house we wanted). Bonus never materialized, salary bump was less than half of what we had agreed.
Why yes, I am looking.