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Have seen founders who have kids have a very different concept of work-life balance/integration/harmony vs those who don't.

https://yourstory.com/2023/08/bhavish-agarwal-on-work-life-and-toxic-work-culture

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a year ago

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Software Engineers on

by Shratterjack

Series B Startup

Side Effects of working at startups

I am a 6 yrs experienced Software developer and part of a mid-stage startup. This is my third job; I have been working here for 3 years. I was involved here as one of the core engineers at the start in developing the overall platform, After that, my growth as an engineer stagnated for 2 years . Constant importance and priority are given to business requirements and hacky work getting pushed to production in the name of fast iterations and business impact every week. My engineering manager lacks proper engineering skills and doesn't respect engineers even after their impact on the company and constantly keeps saying the engineering team doesn't contribute to the revenue of the company despite us pushing work that improves business positively. Last year around November, around 80% of the engineering team was subtly suggested to start looking out for work (basically a soft layoff) because management was too scared of a social media backlash Due to all this,2 years' worth of technical debt has accumulated on the overall codebase and apart from giving justification for every code improvement that we try to make there, we still have to work on business/product requirements. My growth as an engineer has stopped and I am worried about missing out on the latest developments in the tech industry, especially with AI in the picture, and want to make my skillset somewhat AI-proof. I have come back to hands-on coding this year , so that's a positive start. I am considering taking a 3-4 month break after resigning from my company to study, develop side projects, develop a portfolio etc Has anyone else been in this boat ? How did you come out strong?

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Indian Startups on

by RealGenZ

Stealth

People way overestimate the life of founders

IIT grad here building a venture backed startup. I think 99% of folks here believe that venture backed founders are super entitled and in a much "cosier" position than employees Just sharing a few facts about our journey so far if it helps anyone improve their perspectives- 1) Paying ourselves 33% of our campus salary & 60% of what we are paying to our employees (Talking about Pure Base Salary here, not including ESOPs) 2) Insane stress - You basically have to raise money to build (esp if its deeptech because of the high fixed costs) and there are predefined metrics you have to always chase, sometimes just beyond yourselves. Your product will be copied if it's good because well, they always have more money than you. You work 7 days a week for insane hours, chasing metrics required to be "afloat" 3) 99% of venture backed startups result in 0 liquidity gain for founders. So basically in all likeliness, everything is for a net negative return compared to if we took the campus job So, when you wholeheartedly bash founders as if they are sitting On a goldmine while you are toiling for THEIR gold Treasure, just understand that more likely than not, there is not really any gold but rather an irrational hope they are clinging to Also, Yes-we pay above market to our employees (100% hike for the last one) but the truth is some startups just Can't afford it. And ironically, there is a much higher looking down on these startups with meagurely paid founders rather than giants like Tech Mahindra paying peanuts to their employees while having a 1000% salary hike for the executives. Yeah, most startups need to do better but please appreciate if someone is atleast trying to do better because trust me, it's INSANELY HARD.. The number of posts I see about Flipkart making hundreds millionaires is way too less than the ones I see about pinpointing at every single mistake early stage startups do & I just wanted to express my opinion on it Peace!

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Indian Startups on

by Royalflush

Stealth

Note: Okay with failing, will not create Toxic Culture

Something as a founder I have decided over the years. Everywhere around you, you hear stories of founders who worked 16-18 hours a day, made their team work as hard, were assholes, shouted at people, made people cry. You start to think, that's an absolute must to succeed. I don't think it is. For every 2-3 founders that are toxic, there's the one good natured founder who succeeds. They're rare, but they do exist. 1) I've been in many toxic jobs. I've hated them, and had some form of anxiety. To become successful, if I subject people through the same, what was all of this for? 2) I'm not saying I'll keep it too chill at my startup. I actually expect people to work harder than typical corporates, but only if they have good ESOPs in the early days, a chance to actually learn and do well (and that should be pre-aligned) 3) But what about the mission? Don't you want to make sure your mission becomes true, whatever you're chasing actually reaches 1000s/millions of people? Sure. But it solves for many vacations for me, and maybe better lives for my kids, and perhaps some problem gets solved. But what if it doesn't. It cannot come at the cost of miserable lives for my team. I'll never be proud of my work if that happens. We all have a decision. Why just be a successful founder? Why not have a higher aim... be a successful non toxic founder? You'd be truly 1 in a million then. That's how I'll always see it, I hope.