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Seven Questions Employees Should Ask Before Joining a Startup

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Seven Questions Employees Should Ask Before Joining a Startup

David Beisel has a very good article listing 7 questions that a candidate should ask before joining a startup. It is good to view from this perspective, because in employee point of view, joining a start-up company do have some considerable risks. Asking the following questions will give you more in-depth details about the company hence decrease the risk on joining a company that does not suit you:

  • If you are receiving employee options, what is the number of fully-diluted outstanding shares?
  • Has there ever been a down round, a flat round, or a CEO change?
  • What is the burn rate and how much cash is in the bank now?
  • What is the plan for exit strategy and its timeframe?
  • Could you meet the CEO, the founder(s), and those on the management team?
  • Are there plans in the next six months to hire anyone along the chain-in-command between your position and the CEO?
  • How many employees did/does/will the company have six month ago, now, six months from now, a year from now?

Seven Questions Employees Should Ask Before Joining a Startup – [Genuine VC]

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