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youprat
9y

Need some job search advice here please!
A startup is has offered me a job, but is going to be paying me half salary for 3 months, and then they're sure to get funding, so will be paying the difference amount after 3 months. But, it all hangs on this supposed funding that will happen in 3 months. The "CEO" is actually working for another company currently. And his rationale for half salary was, we all need to take risks with startups. Is this worth taking up? The alternative is me continuing job search for a more stable job (where I can stay for few years) and a full salary with benefits and all. I'd tried starting up on my own earlier, and now I'm looking for opportunities fulltime (in other words unemployed).

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  • 4
    9y
    He's right, startups are always a risk. I got hired with one that didn't get their funding until like a year after they told me they would. If you are currently not employed, then it doesn't hurt to accept the offer, and always keep looking. If it falls through you'll have a back up plan
  • 6
    9y
    If you can't live on the salary from day 1 then you shouldn't take it.
  • 3
    9y
    if you're otherwise unemployed, you don't have much to lose, since half-salary is better than no-salary. I wouldn't count on the raise at the end, though.
  • 4
    9y
    Yup, what these guys ^ said. Something is better than nothing, but don't count on them getting funding
  • 1
    9y
    Thanks for the quick response dR folks! <3
  • 4
    9y
    A friend said, if the CEO himself is not working on the company full-time, then it's probably not worth your time...hmmm
  • 2
    9y
    You should ask for some equity if they can't pay you well enough
  • 0
    8y
    @sourcecode I asked for equity, and the person just mumbled something! Can't believe they want me working for half pay and no equity! I said I'm not working for them unless I get fill pay. That was a week back. They haven't gotten back still. Smells fishy.
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