Re:Convoy collapse: Read CEO's memo detailing shutdown of Se...
by kortilla on Friday October 20, 2023 @05:29AM
(#37953986)
Don’t join a fucking startup if you can’t handle it shutting down at any given moment.
If you want employment stability join a profitable company or the federal government.
> That'd be a win/win, except for the leadership who would rather gamble using other peoples chips but keep most of the winnings.
It’s a startup! You’re there to try to make the options work out as an employee as well. I would 100% rather ride to the end with any chance that it will take off.
They failed to get a loan in time, it’s not like they knew it was a fantasy that could never work out. They had a viable business and got caught in counter-party risk.
If you want employment stability join a profitable company or the federal government.
> That'd be a win/win, except for the leadership who would rather gamble using other peoples chips but keep most of the winnings.
It’s a startup! You’re there to try to make the options work out as an employee as well. I would 100% rather ride to the end with any chance that it will take off.
They failed to get a loan in time, it’s not like they knew it was a fantasy that could never work out. They had a viable business and got caught in counter-party risk.