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fuzzy

CMO (Chief Meme Officer)

Notable Contributor
WR Officer
Tycoon
+19

Would you leave a (potential) unicorn with hefty RSUs if the workplace was chaotic?

Nothing overly nuts, just a lot of boomers masquerading as innovators. Hokey people who can't communicate (how to pdf). But, the ADHD from the top down is driving everyone up the wall. 

So, if your executive leadership was total narcissistic clown shoes and made your work life chaotic because of it, would you leave?
💰 Compensation
🤠 Culture
🙏 Mental Wellness
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braintank
Politicker
4
Enterprise Account Executive
Every company is a "potential unicorn". Very few are the real deal.

Is the company successful? What is ARR now compared to last year and year before? 
fuzzy
Notable Contributor
1
CMO (Chief Meme Officer)
Very successful. About to do a 9 figure series a
poweredbycaffeine
WR Lieutenant
4
☕️
You're telling me that a company is about to raise 100MM+ in a Series A? I retract my previous statement--hide in a hole if you have to in order to get that exit money at IPO in the next 12-18 months.
fuzzy
Notable Contributor
1
CMO (Chief Meme Officer)
Yeah. Now you know my dilemma. Like. I might turn grey haired over this but hot damn
braintank
Politicker
1
Enterprise Account Executive
But what's the ARR and how much has it grown over the past 24 months? 

I've worked at shitty companies what have raised a lotta cash (see this:  https://bravado.co/war-room/posts/somewhat-comprehensive-guide-to-avoiding-a-toxic-startup)
poweredbycaffeine
WR Lieutenant
1
☕️
$100MM in a Series A means something is clearly working, but the toxicity is still a major issue for sure.
braintank
Politicker
1
Enterprise Account Executive
Juicero: https://techcrunch.com/2017/09/01/rip-juicero-the-400-venture-backed-juice-machine/
poweredbycaffeine
WR Lieutenant
2
☕️
You're comparing a juice machine to software...may as well bring up Theranos.
braintank
Politicker
1
Enterprise Account Executive
All I'm saying is raising a boatload of cash doesn't necessarily equate to long-term success. Especially if the execs are bozos.   
ChunkyButters
Tycoon
4
AE
While 100M Series A is a good indicator, it's not a perfect score.

There is so much money in PE right now, and valuations are absolutely insane, that 100M investment is becoming more common than you'd think. The PE world valuations are crazier than the current IPO/Public markets. Essentially firms raised so much money, they NEED to find places to deploy it. That said, they aren't going to give you 100M for nothing.

I agree with @poweredbycaffeine you should stick it out. With that kind of investment the investing firms are going to make changes with leadership, sales, product, etc. You will NOT be the same company post investment. Stick it out for 8-12 months to see what kind of changes happen. If nothing is changing and you're just burning cash, run.  
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
Solid advice right here.  Sounds like the chaos might be settling down, and worth the wait.  

I'm totally interested in updates.
DungeonsNDemos
Big Shot
0
Rolling 20's all day
LMAO 9 figures?? Damn, that's awesome. 

Honestly unless you dread being alive in the role and dont see this as contributing to your resume and bank account then I would stick it out.
CuriousFox
WR Officer
2
🦊
I would if there were zero signs of positive change.
JustGonnaSendIt
Politicker
1
Burn Towns, Get Money
Been there and yes I left. Although I had ISO's not RSU's.

So I bought them all and now cheer them on from the sidelines.

Private equity can cause some serious bullshit to occur. Best to just get out of their way and leverage what you learned in the crucible of a startup to get you better returns somewhere else, if you're hitting burnout with the chaos.

For reference - Joined at valuation of like $1M with 1 active customer, first 100 employees. Rode the bus for 6 years to unicorn status and the last full year of it literally almost killed me.
fuzzy
Notable Contributor
1
CMO (Chief Meme Officer)
That’s what I’m concerned with. I still need 2.5 years to fully vest. And I’m like…. Can I do it? Is it worth it? Very probably this company could make me a millionaire.
JustGonnaSendIt
Politicker
0
Burn Towns, Get Money
I left with some unvested options still on the table because I had reached my limit, and friends / family were starting to mention that it's affecting my life. I also left some unpaid commission on the table when I left too.

You'll know when you hit that line. Beyond ta certain point, no amount of money is worth your soul or your sanity.

You can make you a millionaire regardless of how big a piece of that comes from your RSU's in this one company.
poweredbycaffeine
WR Lieutenant
0
☕️
Bon voyage, get me out of that hellscape.

If my ability to do my job, get paid, etc, was impacted by the very clowns who have control over my ability to do said job, then why would I stick around to get axed?
Diablo
Politicker
0
Sr. AE
If it breaks me down and doesn't improve with time I wouldn't stay there for long 
TennisandSales
Politicker
0
Head Of Sales
Id say stay as long as your mental health is not being effected. and see if you can cash in!!

If leadership is annoying that sucks. 

But if its getting to the point where you cant break away from it then you should probably leave. 


Upper_Class_SaaS
Politicker
0
Account Executive
are you hitting quota and getting paid well? if so stick it out

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