All Segments
Should You Quit Your Job At A Unicorn?
12 segments available
If you’re an employee of a late stage company right now, how would you know when it’s time to move on vs. time to double down? The fact is there isn't an easy answer — it can really vary from person to person and situation to situation. In this video, YC Group Partners, Michael Seibel and Dalton Caldwell share some suggestions on what sort of things an employee of a late stage startup should be looking for — the good signs and the bad — to best make this decision. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Intro 00:53 - 1400 Unicorns 02:16 - Stock Options 04:00 - When To Stay 04:53 - Product Analytics 06:21 - Bad Signals 07:04 - Market Timing 08:44 - Two Directions 09:34 - Job Hopping 10:24 - Other Signs 12:26 - Summary 13:17 - Outro
Segments Timeline
Intro
"as far as you can tell the metrics are excellent yes the founders are extremely focused yes your colleagues are very smart and you are very impressed continuing to work with them yes you should probab..."
1400 Unicorns
"don't know we don't have all the information but there might be some hints there might be some signs you want to be looking for that it might be time to reach greener pastures and if you're an employe..."
Stock Options
"this means is your Equity most likely if you joined a unicorn that is late stage y the um strike price of your options is going to be tied to the valuation that the company raised at yep and so if the..."
When To Stay
"specific so Michael what would you do if you were an employee say you were a software engineer yes at a unicorn yes how what what would be the signals you'd be looking for to know if this was like a s..."
Product Analytics
"the question do users like the product what's retention look like are we charging as much as because we could could we charge more do we actually have product Market fit do we actually have product Ma..."
Bad Signals
"need to attack is this idea that because smart investor invested my company's doing well yep like I just don't I think that you know when you're the press or when you're on the outside having to judge..."
Market Timing
"terms of Market timing one thing that might be interesting to think about if you're currently working at a at a unicorn a very late Stage Company uh is now might be a good time to consider going to an..."
Two Directions
"think the what I would say is this is that you know this is tricky right I think that when we made the video about Fang fortunately or unfortunately I think that you know Google is going to look very ..."
Job Hopping
"another point to make is the concept of job hopping job hopping is not good either so sometimes you'll see people that swap they go to a new unicorn every 12 months or 18 months it's very hard to ever..."
Other Signs
"other signs that be looking for is do the found seem checked out are they in the office maybe you don't have an office uh maybe a remote company but like does it actually seem like Senior Management i..."
Summary
"that we want to leave is that um unfortunately amongst these 1400 they're all going to make it unfortunately this unicorn label does not mean you're going to get in the money yep and you've got to thi..."