Work For startup cons?

[GitMaster69]

Got offered to work for an US (direct) startup.
they got few rounds of funding and expanding rapidly

good tech and good experience and 50% higher rate,
but got a very long term stable contract atm so I’m on a fence

[eek]

Got offered to work for an US (direct) startup.
they got few rounds of funding and expanding rapidly

good tech and good experience and 50% higher rate,
but got a very long term stable contract atm so I’m on a fence

The obvious con is that the rate is 50% higher at the moment but exchange rates may move against you.

I would be checking out what the going rate for your skillset is in the States as it may be 100% more than you are currently getting and that will give you a lot of leeway to increase it.

[GitMaster69]

They said “US devs are ridiculously expensive” sounded as if it was cheap for them. (And it’s top UK rate)

But yeah I find exchange another risk aside from not being able to enforce payment terms when it comes to that ?

[jamesbrown]

US rates are vastly higher than UK/EU rates, which is one reason I focus there.

Just bear in mind that, if they don't pay you, it won't be worth pursuing them.

Also, they will probably want the contract written with US jurisdiction and governing law (of a US state).

[GitMaster69]

Yeah I’m cheap dev for them,
gotta love Americans

[northernladuk]

Cons
This is a made up story
Start ups go bust regularly and the money runs out so high chance of the gig collapsing with no payment
Depending on size it's all hands to the pump so likely to be expected to do everything and anything as the situation dictates. Rarely get left to deliver just your bit.
Entrepreneurs that own these start ups can be utter AHoles.
Exchange rate and complicated payment methods
Contractual and insurance headache working with the US.
Can't really be part of the excitement and drive of a start up being remote. Just faceless work with probably more pressure.

I'm biased though as I hate the idea of working for start ups. I get they can probably be the most exciting and rewarding places to work but bearing in mind in the UK 9 out of 10 start ups fail the chance to realise those benefits is few and far between. Add to that being remote you can't really be part of that exciting culture either.

[GitMaster69]

Cons
This is a made up story
Start ups go bust regularly and the money runs out so high chance of the gig collapsing with no payment
Depending on size it's all hands to the pump so likely to be expected to do everything and anything as the situation dictates. Rarely get left to deliver just your bit.
Entrepreneurs that own these start ups can be utter AHoles.
Exchange rate and complicated payment methods
Contractual and insurance headache working with the US.
Can't really be part of the excitement and drive of a start up being remote. Just faceless work with probably more pressure.

I'm biased though as I hate the idea of working for start ups. I get they can probably be the most exciting and rewarding places to work but bearing in mind in the UK 9 out of 10 start ups fail the chance to realise those benefits is few and far between. Add to that being remote you can't really be part of that exciting culture either.

valuable input thank you,
I flew through 2 stages with ease. Feels a trap in that sense
reading on glassdor theres long hours involved.

[NotAllThere]

Work for startup cons? Is that like the initial set up of an employee loan scheme?

[northernladuk]

Work for startup cons? Is that like the initial set up of an employee loan scheme?

Good spot. I can't read the title properly now you've pointed that out.

[PCTNN]

The main con is that you'd be working for a startup