Should you work at a startup?

  Рет қаралды 3,129

The Deliberate Engineer

The Deliberate Engineer

Күн бұрын

Over my 30 years I worked in Microsoft, Google, Amazon, Oracle, and at and with several startups. In this video I explain the tradeoffs between working in big tech and at startups, and dispel some of the myths around start-up work and compensation.
TABLE OF CONTENTS
00:00 Introduction
01:13 The ignored 99.9%
02:22 Don't look here to get rich
04:08 Most startups fail
04:40 More than just money
05:18 Growth and opportunity
05:34 Do what needs doing
07:35 Hard to do what you wanted
08:32 Startup vs big companies
11:43 Summary

Пікірлер: 27
@pieflies
@pieflies 2 жыл бұрын
One thing I would advise people to keep an eye out for in a small company/startup is bosses who really push the notion that they are your friend or the company is like a family or whatever. While it might be true that you are very friendly with them, the business always comes first to the business owner, no matter what they say. They’re not really “for the people”. They’ll sacrifice you in a second if they have to. So don’t allow them to manipulate you into working excessive overtime or anything like that, in the name of doing what’s best for your “friend” the business owner, or your “family” the team you work with. It’s easy to fall into that mindset and overwork yourself for other peoples’ gain, so just be aware of that. Although I’m obviously a bit cynical these days, I’ve seen it happen first hand in more than one workplace, and I’ve seen it happen to other people I know, so it’s not rare. It can be avoided though if you are aware of it and push back against unfair requests, and you can gain a lot of varied experience at a smaller business.
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
This is an incredibly valuable lesson, thank you for bringing it up! A business is, first and foremost, a business. A substantial fraction of people who enter companies with goodwill and trust end up lost and screwed if things go south, or if there are substantial disagreements. A 'friend' or 'family' is someone you work with, but ultimately the decisions they make about you as an employee will by necessity be business decisions. I learned this one the hard way (albeit at a FAANG company, Microsoft).
@ZeroColdx911
@ZeroColdx911 2 жыл бұрын
Definitely noticed all that! The one caveat is the added bureaucracy in big tech where decisions are made based on office politics than their merits
@MillanSingh
@MillanSingh 2 жыл бұрын
As someone who's currently looking for a startup role, most of these observations are consistent with my expectations. I am choosing this path in order to be able to have more ownership over my work and hopefully progress my career much faster towards leadership (which is where I am meant to be), but I am not expecting a huge payday and am expecting demanding work. At the end of the day, though, I know that even in a startup, I'll make more than enough money to live well, and I feel that the long-term effects of the hyper-growth for even just a few years will be well worth it.
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
I think that is the perfect attitude to be satisfied and to succeed in a startup!
@abudhabi9850
@abudhabi9850 2 жыл бұрын
Thanks for your insight!
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
My pleasure!
@MrDiegomazala
@MrDiegomazala 2 жыл бұрын
Thank you John for sharing your experience with us. Definitely, to get the expected results, we have to spend an unsustainable amount of hours. I always wonder if this is because I don't have the necessary skills or if the bar is too high.
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
Happy to share, thanks for watching! It's a spectrum, not having enough skills definitely makes things take longer. However, there's only so quick you can work, regardless how skilled you are. I believe part of the startup life is working lots on a diverse set of things.
@barebears289
@barebears289 2 жыл бұрын
Thanks. I love ur vids. Can you please make videos on system design?
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
Thanks for watching! I've started a series on building big software (about the same thing) though I don't expect to make the next video for it for about a month, but it should cover this area. The playlist is kzfaq.info/sun/PLKbpsYOUIkcz3b53yMCaQ6_yJGakiwru8
@simonbovarsson7802
@simonbovarsson7802 2 жыл бұрын
Very informative, thank you John. There's one more angle you didn't touch upon: Name recognition of your employer. Do you think it's a significant advantage to have the name of big tech company on your resume over a lesser known start up?
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
I think name recognition is critical to hirability in the future. They see 'MyStartup' as the company, they don't know what it takes to be a senior engineer there or to be there period. They see Microsoft and a senior engineer, potential employers have a much better idea, and some treat it like "hey! Microsoft already did the interviewing for us, now we just have to hire the person :)
@alefratat4018
@alefratat4018 Жыл бұрын
Very interesting insight. On the compensation question, I would stress that there is a big difference between the US and the rest of the world. The level of (over-?)compensation you get at the big tech companies in the US makes it naturally almost impossible for a startup to align with. However this may be very different elsewhere. For example, in Europe, a senior-level SW engineer at a big, well-known company will be paid around 70-90k/year, maybe even less, depending on the industry. Therefore a relatively successful startup would not have the same issue for proposing packages that are competitive in the area.
@TheDeliberateEngineer
@TheDeliberateEngineer Жыл бұрын
This is an excellent observation! Any comparison of compensation will indeed vary country to country. Thanks for pointing this out!
@11704187
@11704187 2 жыл бұрын
As I consider this sort of startup vs big company tradeoff, a big deal for me is my motivation and interest in the work I'm doing. Often I hear about a startup that's building some new thing and I think "Wow, that's so cool - I'd love to work on that!" but I don't often think that about the products the big companies create. Perhaps it's because the work startups are doing is often presented in a very focused way, whereas when I think about e.g., Microsoft, I just think "Well, they do Windows and Cloud and some other stuff - sounds boring", but maybe I'd be more excited if I thought about the specifics of e.g., Cloud (say - efficient job scheduling on virtual machines). With COVID I've been thinking much more about my interest and motivation for the job I have and what I'm working on. I've found that over the last two years I'm less and less excited to get up and work in the morning, and I think if you work for a small startup there's a greater likelihood you're really invested in the thing you're building. I now place more value on that aspect and I'd imagine startups, in general, provide a greater opportunity for engagement and investment in your work.
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
Thank you for the thoughtful comment! Caring about what you build is certainly important! It's true that startups will have a focused mission they're trying to accomplish, and everyone will work on that. BUT, they'll still be doing all sorts of things related to that mission. For example, someone has to manage the website, someone has to manage internal infrastructure, another person specializes in the database (for web startups) and so on. In the big company, you usually work on a team with a single mission, but that mission is only a small part of what the company does. For example, when I worked in Azure Compute at Microsoft, I worked on the 'allocator' team and that was mostly what I thought about. It was very focused, and for me (a numbers geek) very exciting! So, you can still get that feeling at big companies as well as small!
@amanrv
@amanrv 2 жыл бұрын
From a long term perspective, does it make sense to join a great startup (series D, profitable, rapidly growing revenue, huge obvious growth opportunity in market, great customer feedback, great employee feedback), get a few title bumps, and then move to FAANG on the basis of those titles, or join a FAANG and work your way up the ladder there?
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
I can't tell you which of those is better. If the startup is doing great and rapidly growing, then they become more likely to be a known name. If you stick around long enough, recruiters know the name and appreciate it. On the other hand, a year at a FAANG is money in the bank. Ultimately you have to decide how good prospects are at a given startup and whether it sounds better to you than big tech. Just bear in mind most startups sound awesome as you're preparing to join them.
@amanrv
@amanrv 2 жыл бұрын
@@TheDeliberateEngineer Thank you for the insightful reply! One follow up: If I already have experience at a FAANG as a junior engineer, will it help my chances to join back a FAANG after the startup, given everything else that I have mentioned earlier?
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
@@amanrv Absolutely. Once that experience is on your resume, and as long as you left the company in good standing, it proves you can get hired by FAANG and work there successfully, which is all you need. Working at non-FAANG places doesn't diminish that time.
@user-wr4yl7tx3w
@user-wr4yl7tx3w Жыл бұрын
why do VCs and accelerators always make it sound like startup path is a no brainer.
@TheDeliberateEngineer
@TheDeliberateEngineer Жыл бұрын
It's their business to encourage people they think have a chance to succeed!
@sambitdash4163
@sambitdash4163 2 жыл бұрын
But if you are working at. some non FANG MNC and you get a late series or pre IPO startup and if its good then it heavily favours joining the startup atleast as per my experience
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
Thanks for sharing your case!
@sambitdash4163
@sambitdash4163 2 жыл бұрын
Also interesting thing to note from indian perspective is few very top Indian startups actually pay equal to or higher that FANG in terms of base salary but then again these are very few and are extremely competitive to get into.
@TheDeliberateEngineer
@TheDeliberateEngineer 2 жыл бұрын
Good to know. I think it's the same here in the US, but lately I've only been seeing those rare ones. Maybe something's changed?
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