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Hiring as an Early Stage Startup

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11–17 of 17 posts

Re: Hiring as an Early Stage Startup

#11
post #5

- 11 months of runway feels tight given market conditions have tightened; are you close to closing seed? - Does your 25% MoM growth translate to revenue? If so, be clear about that - Can your existing engineers refer friends they know? What you're experiencing is pretty typical of a pre-seed startup that's unknown right now

We are aiming to close in June so we will be fine. I could utilize our networks more throuoghly. Maybe it'll be a bit easier once we've raised out seed

Re: Hiring as an Early Stage Startup

#12
post #7

The three results/problems you listed, I think, are all related; - Cold outreach has low uptake anyway, especially if not targeted properly. People tend to largely just ignore or decline these kinds of messages. - People not looking for work confirms you're probably targeting the wrong people, especially on LinkedIn. - Job ads by design, will get a lot of responses. Filtering them out quickly and effectively is an ar…

I originally thought it might be too early to rely on recruiters, but I will look into it!

Re: Hiring as an Early Stage Startup

#13
post #7

The three results/problems you listed, I think, are all related; - Cold outreach has low uptake anyway, especially if not targeted properly. People tend to largely just ignore or decline these kinds of messages. - People not looking for work confirms you're probably targeting the wrong people, especially on LinkedIn. - Job ads by design, will get a lot of responses. Filtering them out quickly and effectively is an ar…

I originally thought it might be too early to rely on recruiters, but I will look into it!

It's definitely worth a look I think. Just make sure you fully understand their fee structure before signing anything - they have the potential to be very expensive if you're not careful.

A lot of the really good ones can add value in other ways as well; in the past I've had recruiters get us presenting at events without having to pay sponsor fees, free conference tickets and training vouchers for successful candidates, pre-baked employment contracts and other HR-ey documents you can use etc etc.

Re: Hiring as an Early Stage Startup

#16
Startups aren't as cool anymore, people understand how the business works and the risks involved and (especially senior) people don't want to work in them. I think soon early stage startups will have to allocate a much larger pool of stock for employees (think 25-30%), low single digits won't cut it anymore.

Re: Hiring as an Early Stage Startup

#17

Startups aren't as cool anymore, people understand how the business works and the risks involved and (especially senior) people don't want to work in them. I think soon early stage startups will have to allocate a much larger pool of stock for employees (think 25-30%), low single digits won't cut it anymore.

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