SillyMochi
SillyMochi

A Seed stage start up at the verge of closure

One of my besties and her office/company is at the verge of closure. Similar to Dunzo’s fate this seed stage stage startup is at the brink of closure(funding dry up, no seen of profitability) and she is worried about her job and living in constant fear. She is moving her days week over week.

Any suggestions on how to deal with this? She is not finding appropriate job opportunities too and there is no clarity given by founders too.

Don’t ask the start up name and the founders themselves are active on Grapevine and won’t appreciate their so called employees to bitch about them in social platform. She is worried she might get terminated immediately for what left of days they have. She want to secure the job first.

But first she needs emotional and mental support. What better community than GV for seeking advise. Hence this post. Please help her 🤲

9mo ago
Find out if you are being paid fairly.Download Grapevine
MagicalQuokka
MagicalQuokka

Best start looking for opportunities.

SillyMochi
SillyMochi

Job market is f’ed up

MagicalQuokka
MagicalQuokka

Best time to start looking was yesterday. The second best time is right now.

More time in the job market = higher probability of success but only if you can manage your emotional well-being.

SwirlyKoala
SwirlyKoala
EY9mo

NAME and SHAME. I will get her referrals to EY. Just confirm her role once.

SillyMochi
SillyMochi

QA role

SillyJellybean
SillyJellybean

I think taking a few days off and going on some vacation will help calm down mentally . Based on what you wrote the situation is out of her hands , so the best thing she can do is to prepare for the worst case scenario that there is a layoff . Ask her to prepare her resume and also make sure there is enough backup fund in case the job search takes a long time. At office I would do minimum that is needed and spend time preparing for interviews.

Also , giving a few interviews will help you identify areas that you need to up skill . I would give these in companies that I am not interested in joining.

SillyMochi
SillyMochi

Great advise, she have taken home loan which is causing the stress and no much Bank balance to support her loans

SleepyBanana
SleepyBanana

Its good to not reveal the company name right now as you said founders are active on gv but do remember to create a post once she is out of the company. Name and shame ⭐

Discover more
Curated from across
Product Managers
by FloatingPancakeStealth

No country for old men: 😞

Dear fellow folks,

I got laid off 3 months ago, I have around 18 yeo as a BA/PO/PM. I have been trying to find an opportunity in the same space for the past 3 months. I hardly get any calls, whatever have come through nothing has worked...

6.7K