Would you work here?

So I recently got a job offer from a company that went into debt to buy back investment from VCs in order to control the vision and growth of the company. They are currently building a scalable sales structure and promise profit sharing after year one and the product is great so it sounds to me like they're focused on growth.


I was obviously pitched a lot of the pros of working at the org but curious what you savages think could be possible headwinds or pitfalls working for a company that rejected the normal path of funding leading to an event?

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9
CaneWolf
Politicker
3
Call me what you want, just sign the damn contract
Sure, why not? I love the employee profit sharing idea.

You didn't mention anything about the product, market, competition, etc., though.
FlintIronstag
Notorious Answer
2
Chief Marketing Officer
Are they stable? You have a right to ask questions before accepting a job offer. What’s your path forward for compensation? Is there a soft landing if the company fails? Be sure to ask your new potential employer anything that crosses your mind. It’s your livelihood you’re putting on the line.
CuriousFox
WR Officer
3
🦊
Very helpful questions to ask.
poweredbycaffeine
WR Lieutenant
2
☕️
Debt fundraising can be good, but if they are now working on a limited runway due to accelerated cash burn then you may be looking for a new role again soon.

Ask them their vision for how they will fund the company going forward, if they see cash-flow-positive in the near future, and if not, what is their plan?
alecabral
Arsonist
1
Director - Digital Sales Transformation
Not at this point in my career to be honest, though I'd say this is highly personal. A few years ago I would have joined, the perks sound good and I like the spirit of "owning our own destiny", regardless of what that will look like. 
superhans
Executive
0
Senior Sales Consultant
I'd be moving up a market segment as an AE, working larger deal sizes, getting experience working with legal and the perks are definitely better than my current role. I'm also attracted to the idea of being a part of them building out a sales team. Seems like good experience. 
alecabral
Arsonist
1
Director - Digital Sales Transformation
If your mind is there, then I'd say go for it. I think it's a highly personal decision but hey, aren't they all? I never worked in that environment, but I am pretty sure it'll be exciting, and there's nothing wrong in going after larger deals and better perks in my book man. Go for the kill!
MajorB
WR Lieutenant
1
AE
I'd really want to understand the space and how well they have product / market fit. I'd want to know how many customers they have, what the cost of customer acquisition is, and get better clarity on why they've taken this non-traditional approach (which i think is probably fine. talking completely out of my ass, i'd say VCs are going to ruin the world). 

ask about the sales cycle, attrition, turnover, that stuff. 

and go glass-door the leadership.
KendallRoy
Politicker
0
AM
Been burned by the dangling carrot of profit sharing in a startup before. I'd proceed with caution about taking a role based on future promises that may or may not materialise. 
FeedTheKids
Politicker
0
Solutions Consultant
Early in my career - hell yeah



As of today - not a chance. 
sellingsellssold
Politicker
0
SDR
If they are a stable company and you are willing to take a risk I would go for it!
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