Startups are the flavour of the season. With so many of them mushrooming across sectors, opportunities have opened up for the employment seekers with various experience brackets. Startups with huge Investor backups & good amount of funding from institutional investors can offer lucrative career prospects, in terms of the basics like compensation, benefits, vesting, roles/responsibilities, etc. However, people joining Startups often fail to hit some of the important topics that are peculiar to them.
The reasons people don’t ask the critical questions can be broadly categorized as: “I didn’t even like to think to ask that” or “I would have liked to know, but didn’t think it was appropriate to ask”. Here are the things that all individuals looking to join a startup should know about even before joining – but are in many cases, not asking.
Before you join a Startup, you should definitely try to find out all about its founders, who they are, where they come from, what their background is, and what they have achieved. You need to know about them not only because they are the owners of the company you hope to work for, but also because you need to have full confidence in their abilities before you begin to put time and effort into their company. Don’t judge the founders by their past failures, but also remember that if they were successful before, it doesn’t necessarily mean that they will be successful again.