Offer Evaluation
PhonePe vs Founding engineer at a very recent seed funded startup.
- Startup claims great work, phonepe would also have decent work but a bigger team
- The startup is building a tool for developer productivity + better testing of your codebase, which will be a good product but not necessary.
- Startup founders have good background and the opportunity came via a known person
- Current yoe is 2 but no brand on my resume, its just 2 decently known startups
Startup's base > Phonpe's 1st year TC, although phonepe stocks would be good I think
Which one would you pick? Comment if you have anything in mind.
I have different perspective, “startup is building a tool for developer productivity “ , the product doesn’t seems unique, there are tons of tools already in market and big tech giants are building there own version of it. I don’t know full details of startup tool but i assure you whatever that product would be 80-90% of that would not be unique. Also if you look at addressable market i don’t think there will be great growth scope given several product already in this domain. So i would think before accepting offer,also you have already startup experience so there also no much of gain.
Thanks for answering, makes a lot of sense. I am also thinking I can comeback to founding engineer role after 1.5 years at good brand company
Brother you should grind in the startup for a year or so and see if it works out. You can always join phonepe , but being a founding engineer will give you next level learning curve
I get your point, but my current 2 yoe comes from startups only, that too seed ones. That's why its getting hard to decide
Update:
Said no to the startup today, it was a hard decision since I liked founders and the product was very good. Hoping that I didn't make a bad decision
The cash component in itself is not really favouring the startup. Understand couple of things for startup
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How much runway do they have? Who are the current investors? Prefer if tier 1 investors are present, strategic investors present
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When do they start selling the product? Has anyone in the founding team done selling in the past? Prefer if they roll out in next quarter plus founders have successful sales experience
Plan to work for the startup for at least 18-24 months
Work with a good brand first. PhonePe will make your CV more attractive. And in today’s environment where startups are being shut down every hour, go for PhonePe. Until the economy recovers.
Phonepe anyday without thinking twice.
Most startups that early on have no clue what they're doing. Its just endless chaos everyday. The average smarts at phonepe would be much higher and that's where you'll learn a lot.
Dont think much, join phonepe blindly. Don't fall for the startup glam. It doesn't exist
In my opinion, go for PhonePe. Startups for the next year or so have to sell, sell, sell. The funding market looks to be picking up, but we won’t be in the 2021 era.
Being a “founding engineer” at 2 YoE comes with its fair share of challenges. Unless you have a damn good CTO with a tech vision, a damn good CPO/CEO who is sure of what to build and how to pivot, it might be “think this morning, ship this evening, discard next morning” sort of scenario where they’ll keep pivoting and trying to ship anything that ships.
PhonePe is a safer bet and a good career progression considering you already have 2 years experience in seed-stage startups.
Thanks for the answer, I think I have visibility now
