SoftBank Fund Dials Down Risk; Staff Struggles With Chaotic Culture
It appears prospective employees need to ask their interviewer a few new questions, especially if joining a start up.
How well do you know the investors backing your company?
How much influence do they have over the decisions your leaders can make? And the leaders themselves?
In recent years, many vendors in automotive have relied more heavily than ever on outside investors. It's easy to chase their money and feel wonderful when you receive their attention and cash.
Everyone wants to grow quickly and make the biggest impact possible. But what happens when it buckles overnight?
These are heady conversations for many people. I've heard the conversations at every conference.
Everyone's in their C round and very excited about raising capital. It's too easy to forget the very real risk.
Is bigger always better?
Is faster always more stable?
I'm not sure what the answers are. I do know we have 100s of friends who have suffered an unexpected blow to their personal lives and their careers this week.
Whether it was necessary or not isn't mine to know or understand fully at this point.
I do think it's fair to start asking questions, earlier.
Hang in there-Laurie
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