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StartupsAnonymous is a place for startup founders, employees and investors to candidly share their stories, ask/answer questions and vent. We don't know your identity and neither will anyone else. Speak your mind or learn from others.
There is only one simple rule: Don't be a troll.
Most discussed posts
- We're Shutting Down and I'm Scared
- I have a full-time job, but spend nearly 100% of company-time working on my startup. My startup was covered by Ad Age, which my boss receives. He was in a meeting when the article hit, so I went into his email and deleted it.
- Hiring girls is difficult (because very few work in the space)
- I'm a software engineer at a startup, and I'm clueless about how to get a date. What should I do?
- I am a sole non-technical female founder. I could be shitting rainbows and unicorns out my ass (which I do, daily) and investors still won't touch me with a stick. I know for a fact if I were two dudes I'd be fully funded by now.
- I am a woman CEO and hooked up with a guy the first night we met- he wants to join my company but I just can't get over the way we met.
- How horrific is it to realize the tech accelerator manager who sexually assaulted a founder might be the one from your program?
- How to deal with the impostor syndrome?
- Startup ran out of funding before the launch; had to go on the road, couch surfing for two months
- My startup ruined my marriage - and I am now living with my parents.
why don’t u try setting your own business so that you will be rich and WILL NOT be laid off forever?
You see this very much from an employee perspective. Someone has to pay for your salary. If you are not ROI positive then they to let you go.
Yup. Don’t trust. It is a stereotype blah blah every one at the top talks about. Look at how generously they talk about “integrity, sorrounding with smart people, and servant leadership”. They say that only after climbing the ladder or becoming a celebrity.
While that’s true, you are not without options. Negotiate with them if you are in a position for equity. If not start your own biz.
Remember entrepreneurship is all about getting the dollar from the prospective client for providing a value (product or service). In the end it is all about $s.
If nobody is incentivized, science math and etc would not progress. We would be status quo. As such greed (corporate) is a must to solve real world problems and hence translate that to $s.
It is the bottom line: even non profit orgs need $s to grow.
So dont trust the bosses, but create your own path that makes sense.
Cheers
It’s dishonest. They hired you because you where qualified, and they thought they could make money on you. If not, they would have left you jobless. I personally avoid these manipulative environments.
the “family” mythology within a company is a primary indicator for a fucked-up place. a family and a company are two totally different things.
You’re only laid off because you weren’t able to drive a positive ROI and get shit done and make things happen. It’s at last ten times harder being the CEO. We don’t sleep. Every night we wake up in sweat wondering how we’re going to make payroll. And you, you get a big fat salary.
I am a startup CEO and purposely paid myself the least among everyone at my startup. Candidates want a high salary but they don’t feel the burning sense of urgency to drive results and as a result they don’t get shit done and make things happen, driving a positive ROI for that big fat salary we’re paying you. You deserved being laid off. That’s the truth.
Own up and be accountable to your lack of performance for those 3 startups that laid you off.
That is bullshit.You are the startup CEO you will get all the fame and money if the startup becomes successful.You get majority of the equity stake.You will get the limelight if it becomes successful.
Your taking the least salary doesn’t prove anything.Most of these 1 $ salary takers are rich.
https://www.businessinsider.in/13-top-executives-who-make-a-1-salary-or-less/John-Mackey/slideshow/48485159.cms
Most startups pay big fat salaries because they wouldn’t want to part with their equity.Most startups CEO offering startup equity easily to employees are usually desperate because their financially broke.As soon as they become financially better they will always offer high salary no equity rather than low salary high equity.
That’s why most employees working for established companies will negotiate for higher salaries rather than equity because the scope of growth is lesser.
Most startup CEOs are poor, not rich. You cite an article of a few CEOs that are rich, but that is rare to the rest of the startup CEO population. Your statement is skewed towards inaccuracy.
And most importantly, most of these startup CEOs fail and end up not being rich and successful. So that’s why they fire or lay you off – it’s because they cannot raise money based on the results that you produced or their entire staff has produced. The solution is to fire or lay you off because you’re not producing the positive ROI. Like it or not, that is the harsh reality and truth. You failed for the CEO and that’s why you got fired or laid off. If you were factually doing a great job and producing the positive ROI, the CEO would keep you, and so would I.
I am a CEO. I’ve fired plenty of people, but not with this thinking. It’s beyond the ability of the employee to generate ROI by themselves. There’s too many things that have to work together for that to happen. it’s true that an employee can be more productive or more valuable than another employee in similar role…but it’s really hard to say what is actually generating ROI …is the sales team or the product team that fought for a delay in order release a better quality product? It’s impossible to directly measure ROI based on employee’s contribution.
That said, the “family” thing IS bullshit. Your family can’t fire you. So anyone trying to convince you that your team is ‘family’…unless it’s a company that never fires anyone , this is just an attempt to gain unwarranted loyalty on your part.
I don’t recommend any employer ever describe the team as ‘family’. It leads to disappointment and anger and eventually lawsuits.
You’re only laid off because you weren’t able to drive a positive ROI and get shit done, figure things out, and make things happen. It’s at least ten times harder being the CEO. We don’t sleep. Every night we wake up in sweat wondering how we’re going to make payroll. And you, you get a big fat salary.
I am a startup CEO and purposely paid myself the least among everyone at my startup. Candidates want a high salary but they don’t feel the burning sense of urgency to drive results and as a result they don’t get shit done and make things happen, driving a positive ROI for that big fat salary we’re paying you. You deserved being laid off. That’s the truth.
Own up and be accountable to your lack of performance for those 3 startups that laid you off.