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Ask HN: To employees of a startup that later got acquired/IPO'd

1 pointsby ccdevover 7 years ago
How do you figure out you picked a &quot;winner&quot; startup before joining?<p>Let me preface this with saying, I&#x27;ll be so upset if the majority of answers boil down to having a lot of luck :D I&#x27;ve been burned out through a few early stage companies and it feels like it&#x27;s all blind luck. Hopefully it&#x27;s not all a guessing game and you can make predictions based on certain qualities and metrics of a startup at early stages.<p>As a bonus question: would you work for an early startup whose founder(s) have no previous business track record?

3 comments

roguecoderover 7 years ago
I look for:<p>1. Solving an actual problem for actual users that users have shown they are willing to pay for. This One Neat Trick will leave you significantly better off than average: everything else is secondary.<p>2. No long hours, burned out founders, fancy soda machines or other signs of prioritising appearances over competence.<p>3. Multiple cofounders, but one that is in charge. That person should have at least have managed a team before, and the people they had managed should respect them.<p>4. The team should look like the audience they intend to serve. Unless the product is specifically for men, no way I&#x27;d join a team that&#x27;s all dudes.<p>No startup track record might be okay, depending on what background they did have, but I&#x27;m also always concerned about founders who are willing to give away the farm for funding. I need to trust the CEO with my stock options, not just the company&#x27;s success.
SirLJover 7 years ago
If you find a formula for this , I&#x27;ll be very interested to buy it, so I can start a VC fund on the side...
alain94040over 7 years ago
Work with people you respect.