When you think about working for a startup what methodology do you use to evaluate it?
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I've been hit by a lot of recruiters lately and I want to develop a model I can use to evaluate a startup as a job to consider, pursue or ignore. This tool would be interesting to use over time as well as it would show where I was right and wrong in my assessment. Lets assume a look at the cap table is further down the line. Right now, I want to develop a way to quickly assess a recruiters pitch or a friends pitch to me. Typically I look at team, investors, product, market, equity stake, org structure, exit type, etc. Rather than doing this as a one off every time something looks interesting I want to make it a process/tool. I've sone similar on the comp/equity side via spreadsheet but want to expand it. Anyone created something similar?
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Answer:
I get a lot of offers from startups, I do the similar things as you mentioned: I check: 1- Founders personality. 2- Founders experience in the field / startups. 3- The product they are building and their future vision. Nowadays a lot of startups turn into a FAD. 4- Get a feeling working for the startup or actually representing them outside of office. However there are a bunch of cool articles on this topic that I have came acros before: Your list: http://thenextweb.com/entrepreneur/2012/09/16/how-to-properly-evaluate-whether-or-not-you-should-join-a-startup/ http://www.entrepreneur.com/article/72384 http://hellohappy.org/2013/03/startup-offers/ There is this new trick that I do :D! It feels weird, but talk to them like you are an investor, if they can convince you then I would say they are either doing a good job in PR or actually good :). (which is good either way somehow)
Yad Faeq at Quora Visit the source
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