You know the answer. If you're sure about the company having positive ebitda, go for it.

Product Owner

If given a chance to a fresher what he/she/they should opt for a new startup generating stable profits and a lot of growth potential or a well established company with a medium salary but limited g...

Welcome to Office Gossip's Private Community

If given a chance to a fresher what he/she/they should opt for a new startup generating stable profits and a lot of growth potential or a well established company with a medium salary but limited growth and why?

Growth perspective!!

Growth perspective!!- Grapevine

Welcome to Indian Startups's Private Community

I'm currently a SWE intern at a Series A startup (loss making) and they have offered me a full-time role. They have 2 years of runway.

I also have an offer from a very recently funded seed stage startup (pre revenue) with the same runway. It is a team of 13 people.

As a fresh grad, considering similar pay and growth opportunities, which one should I join?

Good time to join an early stage startup as a fresher?

Software Engineer

One of the old employees dropped a bomb of an e-mail against the entire leadership of PhonePe Mass Offline leadership addressing about mental harassment, hostile comments, threatening to sack, and pushing employees to have no work life balance. This mail was sent to the Founder Sameer Nigam and the HR Head.

Ex Employee shares a mail about workplace culture and toxicity at PhonePe

Respected Sir/Madam, 
 I am writing in regards to the current environment at our (PhonePe) workplace. I believe that there are several factors that could be addressed to create a better environment for employees, and I would like to bring these issues to your attention. 
 First, Our Top Management Leader Mr XYZ, ABC & STU is mentally harassing employees 
 and intimidation are common occurrences in the workplace. This is in the form of hostile comments, threatening to sack, creating undue pressure. It is creating a detrimental effect on employee morale and productivity. 
 Secondly the work-life balance is often out of balance, with long working hours (8:00 am to 10:00 pm and limited opportunities for relaxation or breaks, it is leading to burnout and stress-related illnesses. It is essential that employees are given reasonable working hours and frequent breaks to ensure their physical and mental wellbeing. 
 Fourth, These managers shout at employees on occasions by calling them on calls and asking random questions and harassing. This type of behavior is not conducive to creating a productive environment within the org. It only serves to create an atmosphere of fear and anxiety among employees. It is important that managers treat employees with respect and professionalism at all times. 
 Lastly, to say - Sales is a continuous process and it fluctuates day on day depending upon good and bad weather, political environment, absentism in team etc but managers above and down the line shout only for numbers without recognition for our hard work. This is leading to burnout and discontentment among employees who feel taken advantage of or undervalued. 
 Furthermore these action have had severe consequences in those leaders personnel family relationships, causing irreparable damage of their own life is trying to damage life of others by ruthless behaviour and poor decisions. 
 Finally I have decided to leave the organisation and I hope this will be taken into consideration when creating a p

Founder

I received 2 offers recently, for context I'm graduating this year-

1 - a PPO for an early stage startup I have been interning for. TC - 10 base + share of revenue generated. Essentially it is a founders office role, but will be closing sales too. Good culture, profitable. 

2- Browserstack for SDET role, TC - 11 base + 5 performance pay+bonus. 

Conflict is - should I choose the startup due to its potential high returns and my preference for the founders office role or BS for stable income and brand value ?

advice for choosing an offer

Sales Development Representative

Welcome to Software Engineers's Private Community

I have seen lots of people joining startup for 2 main reasons - Pay & learning. I am fine with people joining just for pay (depends on person), but little skeptical with the "learning" aspect. Having 10 years of experience, I have worked for both Startup & Stable companies.
Currently we see hardly any startup being actually profitable/sustainable. So the tech solutions applied mostly deal with the short-term profit and growth. This often result in over-engineered solutions and unnecessary tools being used. Again, it's not that what we learn in startup is waste. But would you rather learn building long-term sustainable software or short-term with unreasonable user-base?
Open to be corrected here!!

Startup vs Stable

Welcome to Business Roles's Private Community

Should I work at well-named startups or companies to work at (eg: CRED, Infosys, etc) with less pay?

Or Should I work at unknown startups or companies (eg: early-stage startups or local companies) with higher pay? (x2 the salary here).

Note: For the above, the experience & designation are the same.

The question is related to future work prospects does working at we'll name brands help me get higher pay in the future?

Help me

What should I am for?
- A well named startup or company at slightly lower pay?

- A high payed salary from the startup or a company that no one ever heared of...

Example:
Currently I am making 12 LPA as a marketer.
But I am worried about my future as I am finding it tougher to get hired for salary anything above than this. 

How about working at a fancy startup? (meesho, sugar, CRED, etc.) at a lower pay like 10 LPA - will it secure my future? As people prefer to hire ex-employee from these fancy startups. 

Or should I be searching for a 15 LPA or 20 LPA job but from a company or startup that no one ever heard about, adding no value to my CV while working there

What should I choose?

Welcome to Product Managers's Private Community

With over 10+ years of experience in Product management within the insurance and Fintech sector, I’ve realized that product management is still not understood/defined well as a role. I’m open to all sort of queries.

Ex-Policybazaar Product Head #AMA

Hi all,
I'm currently working at Accenture for 3.5 years as C11(Database) , I was undergoing a training in Oracle Supply Chain Management at a Online centre/startup for last 6 months.

Now that startup want me to work as full time in the SCM technology but they are offering me the same salary package im currently getting now.

The thing is they are working on many project things like SCP,SCM,WMS etc but mostly experienced persons used to take care of the technical part. Which leave me to just schedule calls,doing excel/docs, analyze in the call for hours but couldn't understand anything. I understand there is more of self learning needed than of KT.
They are telling if I work here full time after a year they will recommend me for interview packages of 1 lakh per month.

I want to know whether the Oracle Fusion SCM has a growth in market for next 10 years.

And if i work in this startup and do only documentation and not work on technical stuff will i be able to clear the interviews with high packages(1 lakh/month)

Should i take a risk and join that startup and work for a year with same package. Or should i be current technology (database) and search jobs externally?. Any of your inputs is fine please help 🙏.

Pls help: Taking a Big decision in Career Life

Hi folks, thinking of writing a regular mini blog here about my learnings being a generalist in the ecosystem.
I currently handle growth at an ecom startup and have previously been through 2-3 startups + a large corporate in my 7 year career.

#1: Why you should not stay only in startups

Recently started reflecting on salaries of many peers who are also startup folks and trying to see where it stands.
There are 3 cohorts:
a. People who started out in Big 4/Corporate & then became a generalist: They've been underpaid the most. First pay was 4-5L, and when they transitioned to startups, started at 7-9L. Over time, growing from there is difficult without MBA.

b. People who have forever been in startups: They earn more than A on average. But here too, there is a delta in their salaries vs. people with same YoE who went to an MBA and are in corporate now. Side note: I've seen this cohort has usually loved what they've done, and being in startups definitely has positively impacted their thought process.

c. People who went to a corporate/big tech etc. mid way: This cohort has done the best long term. Their pay got recalibrated when they went to a larger company in the middle through their career, and when they rejoined startups, they were respected more in salary negotiation.

This is to anybody out there who is a generalist and sees a similar path. Try to sandwich a proper, large company in your career. It gives you perspective on whether you like it and if startups is really your preferred route. And it also recalibrates your pay.

Startups will limit you basis your last salary. Corporates have standards basis bands. Just something to think over.

NOTE: Do share feedback, if this makes sense. And if you'd like to read more of these too.

The Generalist - #1: Why you should not stay only in startups

Not only compensation, corporates help you to learn saying “NO” to not-related tasks. I see young startup folks in the name of “learning” are forced to do anything and everything. In my first startup role, I was handling the responsibilities of a PM + ops, which burnt me like anything without any significant skills gain. Corporate taught me delegation, saying “No” to things which aren’t part of your team.

Product Manager

Corporate Strategist

Should one choose an initial stage fintech startup at a higher package (double from mnc esop included) with risk or an mnc S-based with a fresher package

Need your insight

Hey everyone,

I'm currently working as a SDE at a startup with about three years of experience. I'm considering making a move, and I've received an offer from an early-stage startup where I'd be joining as a founding engineer.
My main motivation for wanting to switch to some startup is the potential for high learning and growth opportunities, especially since I'm still relatively early in my career. However, I'm a bit torn between targeting multinational corporations (MNCs) like FAANG and sticking with startups.On one hand, MNCs offer more stability and potentially valuable stock options, which can be more than just paper money. 
So, my question is, should I prioritize learning and growth by staying with startups, or should I also consider the FAANG tag and potential stock benefits? Also Would there be any added advantage when I later interview at some FAANG , after working as a founding engineer for 3-4 years in some startup (given I’ll have to build multiple things from scratch and owning multiple modules). The base package for the offer I hold is roughly equivalent to what FAANGs pay at my level.

Any advice or insights would be greatly appreciated. Thanks in advance!

Seeking advice - FAANG or startup?

Software Developer

Welcome to Confessions's Private Community

You're offered two jobs. A high-paying role at a established company or a lower-paying position at a promising startup. Which do you choose and why?

What is the one advice you would have given to your younger self when you were just about the start your first job straight out of college? Grapeviners experiences would really come in handy :) Cheers!!

Advices for someone who is just starting their tech journey

Hey everyone,

I'm currently working as a SDE at a startup with about three years of experience. I'm considering making a move, and I've received an offer from an early-stage startup where I'd be joining as a founding engineer.
My main motivation for wanting to switch to some startup is the potential for high learning and growth opportunities, especially since I'm still relatively early in my career. However, I'm a bit torn between targeting multinational corporations (MNCs) like FAANG and sticking with startups.On one hand, MNCs offer more stability and potentially valuable stock options, which can be more than just paper money. 
So, my question is, should I prioritize learning and growth by staying with startups, or should I also consider the FAANG tag and potential stock benefits? Also Would there be any added advantage when I later interview at some FAANG , after working as a founding engineer for 3-4 years in some startup (given I’ll have to build multiple things from scratch and owning multiple modules). The base package for the offer I hold is roughly 
equivalent to what FAANGs pay at my level.

Any advice or insights would be greatly appreciated. Thanks in advance!

Seeking genuine advice FAANG or Startups ?

Both environments have benefits and drawbacks. It really depends on your personality and goals.

In a large corporation, you’ll be surrounded by people with a wide variety of working styles, expertise, approaches and backgrounds. You’ll have access to more resources and responsibility will be shared with other team members. You will have opportunities available to you, but you’ll likely have to pursue them yourself unless you have a really good manager supporting you. Otherwise, it can be easy to become a cog in the machine. The pressure is generally lower and so is the recognition. You can screw up royally and you’ll probably just get moved to another project. Even if you don’t screw up, you may find yourself shuffled between projects.

In a startup, there will be more focus on you to deliver, train yourself and be independent. While you’ll likely be part of a smaller, more integrated team, there will be a much higher expectation that you can be self-motivated and deliver results. The learning opportunities that you have will be more along the lines of being tossed out of a plane with some fabric and a sewing kit and you’ll need to figure out how to make a parachute really quickly. The risks are higher, but so is the reward.

It’s like the difference between taking the bus or riding a motorcycle.

The bus is reliable and it will get you where you’re going, you have very little control over the specific bus, route, the driver, the other passengers, etc. You’re unlikely to get injured in a crash. It’s safe, minimal risk and ultimately putting your fate in someone else’s hands.

The motorcycle is fast, you’re in control every step of the way, you could easily get yourself killed if you do something stupid and if the weather, roads or other drivers get in your way, you’re not likely to get to your destination smoothly. But if you do, you’ll beat

𝐈𝐬 𝐢𝐭 𝐛𝐞𝐭𝐭𝐞𝐫 𝐭𝐨 𝐰𝐨𝐫𝐤 𝐚𝐬 𝐚 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐞𝐧𝐠𝐢𝐧𝐞𝐞𝐫 𝐢𝐧 𝐚 𝐌𝐍𝐂 𝐨𝐫 𝐚𝐭 𝐚 𝐬𝐭𝐚𝐫𝐭 𝐮𝐩?

I have been working in a small bootstrap startup ( 50 employees). The company is profitable and have great culture and ethics ( best out of the 4 companies I have worked for). 

I am expecting a decent salary hike (30%), career and learning growth. Should I look for a larger organisation or make up my mind for a long term career in my current organisation.

P.S. I have 3 years of post- MBA experience and I have done Btech and MBA from premium institutes. 2 years of PM experience.

Career Advice

I am Interning at a very early stage startup in the Growth Team. My stipend is ₹15,000 p/m and the work is decent - community mgmt, content, product gamification & market research. It’s a pre-seed startup so sometimes I feel lack of resources are putting a cap on my abilities to execute. Though, the founder has assured that we’re close to raising pre seed. I am pretty good friends with the Founder and I’ve met him a few times.
Now, coming to the main part of problem - I casually applied for an Internship in a early stage startup but the team is sorted. They have funds and their founding team is super experienced. Stipend offered is 2x of what I’m getting.
I was wondering If I should opt for that? Or, keep my head down and work for the same startup, ignoring the money aspect? Pls lmk folks.

Optimise for Work or Money?

I am curious to understand how the future looks like. For now, I think we have a clear aim. Most might not want to startup as they are well satisfied with solving other's problems. But come to think of it, I have not seen much ppl above 50 years of age in the IT industry.

With  90's and 80's generation slowly inching towards that phase, how do you guys think it will shape up?

straight question : do we have a chance?

Folks, what does the future (after 50+) hold for us, the IT professionals (Dev, Design, PMs, etc) ?

I have been working in a small bootstrap startup ( 50 employees). The company is profitable and have great culture and ethics ( best out of the 4 companies I have worked for). 

I am expecting a decent salary hike (30%), career and learning growth. Should I look for a larger organisation or make up my mind for a long term career in my current organisation.

P.S. I have 3 years of post- MBA experience and I have done Btech and MBA from premium institutes.

MNC worked but didn’t liked the culture. Thinking to work in a startup and hoping for a good culture. Work life balance can not always be good ik.

Growth perspective!!

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