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Post on Medial

Anonymous

Stealth • 4m

Startup Shuts Operation on 1 day notice It's gonna be long thread. I have been working as lead engineer in a early stage startup since last one year. Founder (20 years exp in Product Management) raised some money from friends & family to start

Anonymous

Stealth • 4m

Continuing here.. But Boom, he invited everyone on call and tells that company will shutting it's operation from next day itself. And he will help us find our new jobs and he doesn't any clarity on pending salary. Although we knew, our company is

Shuvam

Stealth • 4m

How much money in the bank would mean a startu has enough funding?

1 replies

Replies (1)

Anonymous

Stealth • 4m

Atleast one year runway for all expenses of founding team and have buffer for additional hiring which may happen alongside. And right time to start prepare for or switching to another company would be when you know only 6 months runaway is left

2 replies

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