Hypothetically speaking, a startup gets some rounds of investment from VCs, operates for a few years, and run out of runway. What do these final months look like? Do the investors try to get their money back?

  • cm0002@lemmy.world
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    10 months ago

    we’re rapidly bleeding long term hires that are getting fed up and quitting

    unusual silence from the founder

    You should freshen up that resume and LinkedIn profile

    • FuglyDuck@lemmy.world
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      10 months ago

      I agree. As well as getting out a few applications now- there’s always a chance when things go to hell, the stink comes off on you.

      If the long term hires are leaving that’s a good sign it’s time to look elsewhere

      • Lenny@lemmy.worldOP
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        10 months ago

        Can you elaborate on your stink comment? Do you mean just being someone who was laid off (which I personally don’t have an issue with) or something else?

        • bus_factor@lemmy.world
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          10 months ago

          Having worked for a shitty company like Theranos or whatever is not great for your resume. You want people to read your resume before the company name is tainted by bad press.

    • Lenny@lemmy.worldOP
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      10 months ago

      Oh, it’s sparkling, and I’ve backed up all my proof of awesomeness to show the next job. I’m finally in a place after 25 years of constant employment where I don’t fear unemployment. We’ve been diligent about building a buffer, and I have solid generalist skills and experience in a very popular tech movement.

      We went through an intern phase, and the remaining ones (that are now employees) don’t have the same experience moving between jobs, so my focus is on prepping and guiding them.