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Earlier quoted context omitted.
Their equity percentage may have gone down but the value of their equity probably went up.
Or looking at it another way, you can stress out for a company for 8 year (in case of segment), or or you can join the company as a c-level exec at year 6 for the same amount of equity
Always been a huge fan of Segment. At one point I think I had a tiny little mention on the Readme of their Ruby client for fixing an issue w/ Unicorn. I jumped head first into event sourcing after their blog post demonstrating how overkill websockets are most of the time. I consider them to have their shit together. Then I applied to become an engineer there and had one of the worst experiences of my life with a proj…
That way we wouldn't be wasting our time applying to do free work at a startup just to get a rejection at the end of it. 2c
Series D (with 3 seed rounds) and 4 founders....what does the equity shares for each founder look like? 3% maybe?
- after thousands of lines of code, we realized our Edtech startup did not have product market fit,
so we pivoted to building a Mixpanel competitor focused on segmentation*
- 6 product iterations later, nothing was working. We were trying to decide between a group trip
planner and what eventually became Segment. It was a dark time.*
Earlier quoted context omitted.
Their equity percentage may have gone down but the value of their equity probably went up.
Or looking at it another way, you can stress out for a company for 8 year (in case of segment), or or you can join the company as a c-level exec at year 6 for the same amount of equity
Always been a huge fan of Segment. At one point I think I had a tiny little mention on the Readme of their Ruby client for fixing an issue w/ Unicorn. I jumped head first into event sourcing after their blog post demonstrating how overkill websockets are most of the time. I consider them to have their shit together. Then I applied to become an engineer there and had one of the worst experiences of my life with a proj…
Always been a huge fan of Segment. At one point I think I had a tiny little mention on the Readme of their Ruby client for fixing an issue w/ Unicorn. I jumped head first into event sourcing after their blog post demonstrating how overkill websockets are most of the time. I consider them to have their shit together. Then I applied to become an engineer there and had one of the worst experiences of my life with a proj…
That sucks, perhaps you were rejected based on culture fit? I wish that these VC funded startups would just admit that they're looking for FAANG engineers and be done with it. That way we wouldn't be wasting our time applying to do free work at a startup just to get a rejection at the end of it. 2c
Real-world problems have often been touted as a solution to useless whiteboard tests but then I've seen a lot of resentment when someone doesn't get a job with it. A month is too much time to spend on an interview project though.
This was both helpful and inspiring to read, thank you for sharing. - after thousands of lines of code, we realized our Edtech startup did not have product market fit, so we pivoted to building a Mixpanel competitor focused on segmentation* - 6 product iterations later, nothing was working. We were trying to decide between a group trip planner and what eventually became Segment. It was a dark time.* I'm curious.. whe…
Read transcript at 4:48