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A comment on Ask HN: Early signs that a company is failing?. Parent comment

Re:Ask HN: Early signs that a company is failing? by edoceo on Saturday August 27, 2016 @05:47PM (#12374330)
Just last week my three person startup had a payroll issue, bank error affecting one employee only. On top of the previous months payment being late by 15 days! As the founder/CEO it's freaking scary to know that money is the prime source of trust for my employees and if I lose it => REKT!

If your CEO fucks around with YOUR money at ALL watch out!

And don't be shy about asking about finances. If you have stock grants or options then you are not only an employee but also an INVESTOR and may be entitled to these details - but you have to ask.

As for my employee: the second time the bank messed up I had to stop payment on the pending one (time w/bank +fee!) then went direct to Western Union to wire cash within the hour (+fee). If payroll is late I expect the CEO to spend two hours immediately fixing it and assume costs necessary to expedite.

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Re:Ask HN: Early signs that a company is failing? by rdtsc on Sunday August 28, 2016 @12:04AM (#12375257)
Communication and trust is key. I think developers can understand mistakes happen, they deal with bugs in code every day. But how it is handled and how the patterns look over time is what matters.
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