PerkyNoodle
PerkyNoodle

According to him we shouldn't care about money

If he gives me ESOPs worth the CEO's shares then sure I would have an entrepreneurial mindset.

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6mo ago
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ZestyQuokka
ZestyQuokka

Putting Zypp Electric in Never Apply list

PeppyNugget
PeppyNugget
Nike6mo

I put in never apply & never ride list!

SnoozyCoconut
SnoozyCoconut

I put it in apply for interview practice list

ZestyTaco
ZestyTaco

“A few of our team members ‘collectively’ made over a crore” okay

JazzyNarwhal
JazzyNarwhal

Yup, that's the catch

DancingRaccoon
DancingRaccoon

Lol by that logic TCS would be like a few of our team members collectively made over a billion dollars

FuzzyPretzel
FuzzyPretzel

The biggest issue with startup founders : They expect their employees to work like a founder or CEO. At the end of the day, no matter how sincere the employee is, they are working for the pay check.

PeppyNarwhal
PeppyNarwhal

The biggest issue is startup founders want their employees to work like founders but want to pay them like employees only.

SqueakyMochi
SqueakyMochi

And if anything happens to you they will be the first one to fire you without giving a second thought

WigglyPenguin
WigglyPenguin

a candidate can have expectations but a company can't ?

He is being upfront and honest about it, show me how many other companies have the guts to talk about money like this?

WigglyPenguin
WigglyPenguin

not everyone is made for startup culture, if you don't fit, don't join, simple

ZippyKoala
ZippyKoala

The problem is the way he is trying to portray company. Sabhi kabhi companies15-30% hi deti hai. You think companies are giving 50-100% hike? Kaun de raha hai bhai. Bahut rare hota hai, unless you prove yourself exceptionally well or switch your domain. Content se PM role mein switch marlo. Dekho kaise deti hai company.

GroovyCupcake
GroovyCupcake

His post sounds similar to comment of Narayan Murthy. Same energy. Phew.

QuirkyNugget
QuirkyNugget

Very different scenarios. Narayan Murthy built a 100 billion dollar company and can safely say these things.

GroovyCupcake
GroovyCupcake

I agree. I meant more on the lines of the benchmark being created wrt employees giving everything to the company.

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Business Roles

Salary expectation at early stage startup

I have 6 years experience. My current base/fixed is 60 LPA. (I also got a 5 lakh bonus and 5 lakh of my ESOPs vested this year making my total vested about 30 lakh. So the total comp is 70).

I'm being offered a senior engineer positi...

Personal Finance

How much wealth have you created yourself?

  1. Real estate (invested value)
  2. Liquid cash
  3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

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user

Seeing the comment section,I realise I am broke.

Misc
Misc17mo

Are ESOP worth it? Did it make anyone billionaire?

I am in discussion with some very early stage startup and if things work out then will be part of the founding team. They have promised to give me same salary as the current company’s salary but give ESOP. Is ESOP worth it if you are fou...