Live data from Hacker News

Ask HN: My company has been acquired and I'm kicked out. What should I do now?

news.ycombinator.com

61–70 of 198 posts

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#61
It's not easy finding a job after being a founder.

My experience is that years of {mediocre data scientist and AI}, {mediocre project manager}, {mediocre product manager}, {mediocre software developer}, {mediocre book-keeping and financial management experience} and {mediocre salesperson} doesn't line up very well with any job description that any company hires for. Sometimes product manager is the closest fit. I think in 6 months I've had two interviews in my own country, plus a few more overseas, none of which have led to anything. I've not quite -- but nearly -- given up searching.

In the meantime, I'm still finding I can pitch ideas to people about software that they could use in their business (or sell to other people) and hack together things quickly enough to keep some money ticking over. It's not ideal, because I'm spending more time doing sales than doing development.

It occasionally gets surreal, where I've been rejected for a role from a big corporate where I would be looking after a solution that I had sold and implemented for them -- but because I don't have big name employers on my resume, HR wouldn't put my name forward for it.

There are also freelancer networks where you can keep your skills (not just coding skills, but other business skills as well) ticking over while you figure out what's next.

It seems like most people can end up being happy in a lot of roles, it's mostly about the people you are spending time with. So a good place to start is to think about what sorts of organisations you want to be with, or who you want to be with rather than what you want to do.

A nice book which might help is "Book yourself Solid" by Michael Port. It's mostly about how to run a services & consulting business, but he has some early chapters going through exercises that make you think about what you want to do.

Perhaps the world needs a company who specialises in hiring ex-founders on the grounds that the market doesn't do a good job valuing them at the moment.

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#62
Use your money and take off for a few months. It's much easier to get perspective when you are not exhausted. In my view you have gained a lot of valuable experience that will be useful for more startups of your won or some other company.

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#63
post #49

Earlier quoted context omitted.

Horrrrible advice. Wow

Best advice ever, wish someone gave it to me 20 years ago. the is the best life stile business, location independent, no employees, no clients, no bosses

Let me be perfectly blunt about this: your trading system is probably the equity equivalent of picking up nickels off of train tracks. A year's worth of living expenses isn't enough to get average investment results, live off the gains, and not engage in high-risk behavior.

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#65
post #19

If you're used to working at startup speed, just take a job. It'll seem easy, people will work way fewer hours, and at lower intensity, than you're used to, and you'll catch up to them skill-wise in a few years. Don't beat yourself up too much. Source: was in same position 5 years ago. Email in sig if you want to grab a drink.

^This. Working at a big company is about 10% as hard as working at a startup as a founder (maybe less). HR people love applicants with an "entrepreneurial spirit", and founders are often great product managers at big companies. Give yourself 18 months to do a great job in that role, and spend 25% of your personal time looking for problems within that type of company that could be solved with technology. Build a proto…

> HR people love applications with an "entrepreneurial spirit"

This has been the exact opposite of my experience.

I think HR is more likely to say "reject immediately, not an exact fit for the job we are looking for and anyway he or she will probably leave to start another startup soon"

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#67
As someone who is feeling like I'm starting to climb out of a multi-year burnout episode, I can tell you that you are definitely not a failure, even though it definitely does feel like it.

I believe I know exactly how you feel because up until about a few days ago, I also considered myself a failure, for similar reasons.

It's hard to compare apples to oranges of course, but in my case and just to give a bit of background, I quit my job while being part of team that created a very successful product for a Fortune 500 company ("failure" #1), my girlfriend left me 3 months after that, after 6+ years of relationship ("failure" #2), I felt my startup wasn't working and I felt trapped so I also left my startup, which didn't even had more than 3 customers ("failure" #3), meanwhile I pretty much lost all my savings ("failure" #4).

So, to sum up: no girlfriend, no money, no job, no startup... no nothing. Just 3 or 4 friends that endured while at my darkest moments.

After feeling like I failed at everything important in my life I felt lost. Like trying to sail the open sea during a cloudy night without navigation instruments, and not even knowing where was I supposed to port. I even felt so lost that I sometimes wasn't sure if I had a boat at all, or if there even was any sea left to navigate.

I know this is pretty "cliché" advice, but I can tell you that the feeling will go away at some point. It might take you yearS, but it will come. You just have to let all the experiences that you lived through settle down, so you can start seeing a path (or paths) in your life again.

Do not underestimate the amount of information you just got slammed with, that you haven't had the chance to process. And I don't mean only knowledge or skills, I mean emotionally.

Going through something as intense as having a company, and then (and this I can only imagine) having to sell it under such conditions, sets your brain and emotions into overdrive, just to be able to figure out what's going on, let alone to actually make anything out of it.

Don't push it. Just let it rest and things will start to get sorted in time. Of course, you still need to keep an eye open to avoid falling into a deep(er) depression, but other than that, I believe you just need to ride the wave. That's just part of the trip. And a necessary one at that.

In my case, I felt so disconnected to everyone else, because in my mind I was that guy that just can't make anything work, you know? "hey, look, he can't even keep a healthy relationship". "wow, that guy is such a failure, I mean, he just quit his job for some stupid dream! what a loser!", "incredible how stupid can some people be, right? I mean, who in his right mind would invest his life savings into such an stupid idea!?", and so on and so forth.

However, what you are not seeing (and will soon enough), is that after you process that boatload of experience, you will feel like king of the world. You might still be in the gutter (hopefully not, but it is possible), but you will feel like you at least were able to fought some of your most powerful inner demons and came out of it alive. Maybe you didn't beat the hell out of every demon, but you certainly punched more than one very hard and fast. And that feels fucking great once you realize what you just did.

You just got what I believe would be equivalent to a Master's degree. And I don't say that to be dismissive to people with actual degrees, but after the amount of stuff you had to do, what you had to prove to yourself and others, what you had to build (even without the slightest clue of how), I definitely consider it as a GREAT achievement, regardless of the "tangible" outcome (i.e. money, sales, etc).

Building things ex-nihilo is one of the hardest things I've experienced, but it also gives you such a perspective on the world that, even though I have no money, my personal relationships got strained and in some cases even broken, I have no job and I'm still in the process of getting job interviews, while at the same time having no money (and even a bit of debt), no savings, and pretty much nothing to show for what I did the last 4 years... I'd still do it again.

And I believe that after the dust settles, you will believe you'd do it all over again too (and you just might!).

So just hang in there. Trust me, this will pass and you will be much MUCH stronger and wise thanks to it.

I can even adventure to say that you will look back at this and remember it as one of your best experiences in your life. Not necessarily the most pleasant though, but one of the best nonetheless.

Cheers!

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#68

If you're used to working at startup speed, just take a job. It'll seem easy, people will work way fewer hours, and at lower intensity, than you're used to, and you'll catch up to them skill-wise in a few years. Don't beat yourself up too much. Source: was in same position 5 years ago. Email in sig if you want to grab a drink.

Unless you end up working in a big company, where people realize you have a wide range of skills, assign you too much work thinking you can do it all, and you end up working hard for the company and not for yourself.

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#69
post #49

Earlier quoted context omitted.

Best advice ever, wish someone gave it to me 20 years ago. the is the best life stile business, location independent, no employees, no clients, no bosses

Let me be perfectly blunt about this: your trading system is probably the equity equivalent of picking up nickels off of train tracks. A year's worth of living expenses isn't enough to get average investment results, live off the gains, and not engage in high-risk behavior.

Let me be blunt as well: I have been doing this for years and it changed my life forever in a sense that my family will never have to worry about money and talking generations here... and it cost me almost nothing, but time to develop...

Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?

#70
post #54
post #51

Earlier quoted context omitted.

Very smart people are in CS and IT as well, so we don't have to touch a keyboard because of it?

It's more that very smart people who've been doing it for 20+ years, are world experts at automated trading and have billion dollar funds to play with still go bust on a very regular basis. This kind of finance is a game you play with other peoples' money, not with your nest egg.

You are more than welcome to trust your financial advisor, Wall Street is not for everyone...
Post reply on HN