Founders, what will you never share publicly about your startup?
Be it about investors, co-founders, hires, freelancers, family, or yourself
Be it about investors, co-founders, hires, freelancers, family, or yourself
One thing.that founders will never share is about the different loopholes used by Indian startups when It comes to esops vesting. They have various tools to change strike price and make them worthless. Also while normal employees keep waiting for buybacks/IPO so that their paper wealth can turn real, founders have access to several secondary sales, so they keep raking in the money. Also most of them route their personal expenses through the company and then claim that they are taking 0 or very less salary to show their sacrifice. And expect employees to show the same sacrifice when it comes to hikes.
Also another aspect that people don't notice is that an average startup employee takes more risk than a founder
The founder takes less risk and get more reward than a startup employee imo.
These are my observations while working at Yubi. I am sure people at other companies might have seen different experiences so don't let my exp paint the startup sector jobs badly
Why would they reveal it here too ?
HR 's sleeping with founders is also superb. Have heard so many stories of founders making hot college colleagues or girl friends HR into the business.