New ask Hacker News story: Don't Quit Your Job
Don't Quit Your Job
8 by DhruvAtreja | 3 comments on Hacker News.
If you're an SWE thinking about quitting your job to build your startup, do not do it in this economy. I used to read posts like this and scoff at them, especially since I had already founded and sold a semi-successful startup. VCs are super selective towards anything non AI at the moment which results in very lowball offers, b2b isn't viable as it used to be because businesses don't have that kind of money anymore, many of which are even laying off their employees. I had a sweet job at a NY based unicorn and I was among the highest paid in my country. I quit it thinking worst case scenario, I would just freelance till something works out, but alas, that market is flooded with layed of swe's which are driving the prices to the bottom. I can't believe just how fast things change when you're jobless and nothing works out. I finally gave in and applied to a few jobs but didn't get a call from companies who were reaching out consistently to me some time ago. So don't make the same mistake I did, especially if you have responsibilities of any kind. Stay safe and keep working on that project on the side.
8 by DhruvAtreja | 3 comments on Hacker News.
If you're an SWE thinking about quitting your job to build your startup, do not do it in this economy. I used to read posts like this and scoff at them, especially since I had already founded and sold a semi-successful startup. VCs are super selective towards anything non AI at the moment which results in very lowball offers, b2b isn't viable as it used to be because businesses don't have that kind of money anymore, many of which are even laying off their employees. I had a sweet job at a NY based unicorn and I was among the highest paid in my country. I quit it thinking worst case scenario, I would just freelance till something works out, but alas, that market is flooded with layed of swe's which are driving the prices to the bottom. I can't believe just how fast things change when you're jobless and nothing works out. I finally gave in and applied to a few jobs but didn't get a call from companies who were reaching out consistently to me some time ago. So don't make the same mistake I did, especially if you have responsibilities of any kind. Stay safe and keep working on that project on the side.
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