Live data from Hacker News

After landing a lucrative job at a tech startup, I had made a terrible mistake

torontolife.com

41–50 of 192 posts

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#41
post #6

Culture is an obsession at start-ups. They talk about it nearly as much as they talk about sales targets. Its a signal for: don't apply here if you're over 40.

It sounds like these ones took this up a notch and expected everyone to do all their socializing, eating, entertainment and anything not work related with the company.

It's more of a "don't apply here if you have a well adjusted, balanced life at any age".

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#42
I would be wary of joining any startup where a major shareholder is the Father of the founder. Unless you really knew a lot about it. Second major red flag is a company referring to itself as 'startup' after 18 years of operation.

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#44

I would be wary of joining any startup where a major shareholder is the Father of the founder. Unless you really knew a lot about it. Second major red flag is a company referring to itself as 'startup' after 18 years of operation.

What's wrong with the 2 red flags?

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#45

I would be wary of joining any startup where a major shareholder is the Father of the founder. Unless you really knew a lot about it. Second major red flag is a company referring to itself as 'startup' after 18 years of operation.

What's wrong with the 2 red flags?

I equate startup but downsides like longer hours, less salary, higher pressure. That is ok for a few years but not sustainable. If you are still working like that after 18 years, I would consider that a commercial failure.

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#46
"Competitive" company cultures are an enormous red flag for me, almost always a mechanism to help executives drain employees to a lifeless husk without having to actually pay for the privilege.

In my experience, companies have three ways to motivate employees.

One is to compensate them at a level commensurate with what is expected of them (too few companies do this, even in tech).

One is to make them feel like they have a genuine stake in the performance of the company, either because they believe in the company's mission (usually impossible for a for-profit enterprise, except among the more gullible employees) or they actually have an ownership stake in the business (virtually impossible with the VC model, papier-mache stock options not withstanding)

The third is to build an artificial "competitive culture", so everyone is so busy pushing themselves to the limit in competition with their coworkers that they never stop to realize that the only prize is more money in the bank account of their investors (who may peel a bills off the top and toss it to them in the form of a 'performance bonus')

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#47
post #5

tl;dr: "The legacy textbook publishers the company wants to disrupt aren’t perfect, sure, but that doesn’t mean they need to be destroyed. Those publishers do many things very well, and they do them slowly, with great care, for a reason. We should resist change for change’s sake. I’m being naïve, aren’t I?" No, you're being wrong? Source: I used TopHat's predecessor products in University and the predecessor was Terr…

I graduated from the University of Toronto around the time Top Hat's products started to come into use in some first year engineering courses. The end result as far as I saw was students already saddled with tuition that increases at 3-4x inflation annually for no apparent reason being forced to shell out additional hundreds of dollars for Top Hat products in order to get their grades.

Textbook publishers are vultures, but their products are inherently optional. You can buy used books, borrow, pirate or simply take good notes and not use the text at all. As long as you show up to the calculus exam with a pencil and your wits no one will check that you've bought the book.

The insertion of Top Hat into higher ed just feels yet another money grab from Big Education for no pedagogical benefit. They've gotten away with it because it looks like shiny new technology instead of just an unjustified fee increase.

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#48
post #26

The setup for this article sounds like a rip-off of Dan Lyons' book "Disrupted: My Misadventure in the Startup Bubble." That was a fun book also about a journalist joining the marketing startup ... this one called Hubspot. Dan Lyons' blurb from Kindle edition: "Dan Lyons is a novelist, journalist, and screenwriter. He is currently a co-producer and writer for the HBO series Silicon Valley. Previously, Lyons was techn…

Indeed, they're both pretty much the same story. Journalist uncomfortable with the very idea of sales and marketing takes a job in marketing and ends up unhappy. Neither story was particularly unique to startups, nor particularly insightful beyond "don't take a job in marketing if you're uncomfortable with sales and marketing".

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#49
post #6

Culture is an obsession at start-ups. They talk about it nearly as much as they talk about sales targets. Its a signal for: don't apply here if you're over 40.

Can you expand on that? I disagree completely, but my sample size is small. We have lots of people over 40 and we hire for culture too. We define it has folks who are happy, hungry, honest, and humble. If you fit those boxes, are enjoyable to work with, are customer focused, and interested in driving the product forward with colleagues, you will fit our culture. We guard that zealously. Edit: typo.

But for how many decades do you expect someone to be honestly happily hungry when food turns out to continually taste like doritos?

Re: After landing a lucrative job at a tech startup, I had made a terrible mistake

#50

I would be wary of joining any startup where a major shareholder is the Father of the founder. Unless you really knew a lot about it. Second major red flag is a company referring to itself as 'startup' after 18 years of operation.

What's wrong with the 2 red flags?

Nothing wrong with family funded business but if after 18 years the 'dad' is the major shareholder it's a bad sign they were not able to raise much outside capital.

It's not so bad, most companies are not 'high flying' but if they have 'startup culture' ... maybe not such a great thing.

Also - family companies can be odd. It very much depends on the situation.

An 18 year old company should simply not be referring to itself as a 'startup' and they should have at very least be settling into some kind of routine. It's fine if there isn't hypergalactic growth - but something fundamental should be there.

Post reply on HN