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by reseal05 4018 days ago
500 Euros seems like a steep charge. I've never heard of a startup that charged you. Usually it's the other way around - they pay you, even a small amount. Most startups are also unable to raise money. This startup would need to differentiate itself from the competitor and/or show traction to be able to raise money, unless they're VERY well connected with the angel investors.
1 comments

I agree. The 500 euros are a big red flag. Also:

>> It'll soon raise angel money ...

Soon is usually not as soon as expected.

Do they have another "employee"? Did they have someone before at your position? How did the story ended?

They are not yet a startup. They are doing paper to get angel's fund so they can incorporate in France. Founders used 1200$ to outsource their website in India. There is 1 CEO, 1 CTO, 1 financial guy. They want to recruit a backend dev (~9y exp) and me.
Why would they need to spend $1200 in India when they have a CTO? Cant their CTO program?
This is the funniest :) CTO doesn't want to code because he will get distracted. from other important work. Like what?