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Be happy you are not fired

Companies always use market conditions as a bail out. Under normal non volatile market conditions appraisal is given based on company and employee performance but the decision makers forget performance during shaky times despite how well the company has performed in the last financial year.

Damn. It’s sad but maybe try relocating and bringing down your capital expenditure on a monthly basis to survive better. I’m saying this only because you like the startup so much and trust me if you switch chances are you might end up somewhere you hate showing up everyday and hate the work culture.

Fun story- I voluntarily ditched a lot of cash appraisal for years and traded it with Esop’s. I had insane belief that our startup will make it and I will be super rich by 28. Lost it all when the startup shutdown. Don’t depend on esop’s, even experienced founders will tell you that esop’s are never guaranteed. It’s paper wealth that rarely converts. Specially in India, there have been multiple instances of founders cashing out but employees getting nothing for their esop’s. Cash is king in downtimes and in other times too most of the times.

Bhaag jaa bhai, life’s too short to struggle for others. Chup chaap hike le badhiya and leave, there’s no novelty in staying poor. You’re too young, experiment and be happy with you life.

Since you are young, I agree with the above comments that you should try and stay there if possible and if there’s hope that the startup would come out of this ditch. You can ask for more esops tho, that should be the bare minimum they should do if you are valuable.

There are no jobs out there man. Have been applying since 3 months. Sit tight wherever you are.

It’s super rare to be in a non-toxic work culture, try and stay if it’s so good. Might be worth it in the end.

Exact my replica. Even I didn't received my pay hike from past 1.5years.