A Seed stage start up at the verge of closure

It's gonna be long thread. I have been working as lead engineer in a early stage startup since last one year. Founder (20 years exp in Product Management) raised some money from friends & family to start it and but company was running negative from February and he put his money to pay employees salary for March & April and We were hoping for some investment in April but that didn't happen. During May & June, he was looking for funding more aggressively and even after having a good background in academics & top tech work experience in product management, no investor got convinced to invest in it. Our salary for March & April was delayed from actual payroll date by 7 days and 21 days respectively and We were expecting our May salary to be delayed by same period and our company was about to complete one year in first week of July so we had some one year benefits associated as well. But Boom, he invited everyone on call and tells that company will shutting it's operation from next day itself. And he will help us find our new jobs and he doesn't any clarity on pending salary. Although we knew, our company is not in good shape so salary cut or something might be happening soon but didn't expect this. Now, we have to find other jobs and also be unemployed while searching for job and also get exploited by other companies because we will be desperate to find jobs to pay our bills. I think, he did this just before 5-6 days of our one year anniversary just because he doesn't get legally bound to pay our one year benefits. I for sure, not gonna join any early stage in future who doesn't have enough funding. Just wanted to put this story out of my mind. Open for any suggestions you have for me Thank you

About me: 25M working in a super early stage startup for 1yr. The startup is only 2 yrs old with seed funding. 2 pivots, but none worked. The 3rd pivot is interesting and we still don't know if it'll work I want to understand the life of an Early employee, how do you manage to keep hope, or when to call it quits? Have vested esops. Also feel if I can get 1.5X cash salary if i switch

I have all the sympathy with people laid off I have been laid off before Denial just prolongs finding a new role. Instead of posting how many applications have been turned down, how interviews are not converting Use the same space to put out your skills, talk about things you worked on You must be good at something to have survived in the market If someone is looking for your profile, your whine post won’t make a cut because it doesn’t even tell them about you

Year is ending in another 1 month. A rough year for many startups winding off Which startups do you think will wind off in next, 6 months? Which startup should be saved and get VC fundings for continuing operations as Dhandha mode

I've been observing a concerning trend lately on this platform, and I believe it's high time we rethink the way we treat startup founders. Take a moment to consider the dedication and courage it takes to leave a secure job and venture into the world of entrepreneurship. I feel Companies like Dukaan, AppX etc were unnecessarily mocked here based on one side of opinion, I've had the privilege of working closely with a startup's CTO for the past two years, and it's been an eye-opening experience. Startups are like fragile ecosystems where every member plays a crucial role. However, what I've noticed is that sometimes employees who find it challenging to keep up with the dynamic startup environment tend to cast blame on the founders and the company culture. Let's remember, every startup is a journey of learning, growth, and innovation. Founders make mistakes, learn from them, and strive to create something meaningful. They invest their time, energy, and resources into building something from scratch. Instead of mocking them, we should applaud their courage and determination. But, what's even more disheartening is the toxic behavior exhibited by some employees here on Grapevine. It's disheartening to see individuals intentionally targeting someone's reputation due to personal grudges. Instead of resorting to negativity, let's try to understand the challenges startup founders face. Put yourself in their shoes; empathize with the pressure, uncertainty, and sleepless nights they endure to bring their visions to life. We should strive to be a community that supports and uplifts one another, especially those who are trying to make a difference in the business world. Let's promote constructive criticism and empathy, recognizing that we all have our unique journeys, struggles, and successes. #SupportStartups #EmpathyMatters #GrapevineCommunity 🌟

Hello everyone, What this is: a place to hang around and chat just about anything - without having a specific topic to discuss. Think of it like the watercooler at your office. Look forward to hearing from y'all :)

I'm seeing so many posts where startup employees are cribbing about things like layoffs, work culture etc etc. Doesn't seem like they have perspective on everything it takes to build a startup. I've built a failed startup myself and have immense respect for founders who are grinding it out there in such difficult recessionary circumstances. And then you have so many of the engineers and PMs cribbing about basics without talking about important things like learning growth, building for the future etc. Why such myopia? I work at a big tech and envy the speed at which startups move, the big responsibility everyone gets to handle, the fast career growth. All these things are being cribbed about. They crib about founders wanting more. Their job is to ensure success, not to give lifetime jobs to entitled people. They have more headaches you can imagine. In my small startup I had a million headaches. I can only imagine how hard it must be to run larger ships. Is everyone joining a startup these days looking for a get rich quick scheme?

Spent over 2 and a half years pivoting three times but couldn't save ourselves. Spent over 1 cr on a marketing agency , founders split up and one of them stopped taking part in the day to day affairs. The startup has been at it since 7 years. Founder is still doesn't want to accept the known, so quit finally. Being in engineering even did support and marketing but we just ran of money. This has drained me and don't know what to do now?

Hey Grapeviners, So one of my really close friends is looking for full time/ internship opportunities in software engineering/ full stack roles. She is extremely hard working and a damn good developer with experience in writing restful APIs in Java and frontend development skills in angular. She had completed her internship at Accolite digital and needs our help in these tough times. So if someone is hiring or providing a referral for the same kindly comment below and let's help her get a job.