How to Vet a Startup as a Prospective Employee

1. Make a list of what’s important to you.

2. Read the “Lean Start Up” and “Venture Deals”.

3. Research the various stakeholders involved with the company.

4. Do some due diligence on the founder’s backgrounds.

  • Have the founders had experience working at other companies before? If not, do they know what it takes to be a good manager? While they could naturally be fantastic at dealing with people and have a very high EQ, they could also just as well be terrible at it with no prior experience or examples to learn from.
  • Have they worked at other startups previously or have they worked at Fortune 500 companies? There are benefits and trade-offs to each; but certainly worth thinking about. Or are they the text-book “founded this SaaS company in their college dorm room” type of founders? Again, there’s nothing wrong with this — and we’ve all heard of more than enough “unicorns” that started like this! Just keep in mind that they are unicorns for a reason — and that the reality of working for a 22-year-old with no management experience on the ground is pretty different from just watching “The Social Network” and dreaming about watching your future stock options blow up.
  • Have they founded other companies before this? What happened to those other companies? If they’ve had successful exits, that’s already a good indication of success! Otherwise, it might also be a good idea to do some research on the fate of their previous companies.

5. Remember that Diversity matters.

6. Start speaking with the other company stakeholders you‘ve already identified.

7. Openly talk about equity as a part of compensation!

--

--

--

Cleantech, Mobility & Energy access enthusiast. Former Tree-hugger @Yale; Splitting my time between Bombay & Nairobi but my heart is in San Francisco.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Books about venture capital

Great Innovators Do This One Thing Differently

Introducing Heartcore Capital: Europe’s Consumer-Only VC

10 Best Podcasts Every Entrepreneur Should Listen To

10 Podcasts Every Entrepreneur Should Listen To

A Letter to the Startup Ladies

The Angry Intern: New Adventures in the city of Lisbon

One Idea, Multiple Versions

Health Habits for Business Success

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sanjna Malpani

Sanjna Malpani

Cleantech, Mobility & Energy access enthusiast. Former Tree-hugger @Yale; Splitting my time between Bombay & Nairobi but my heart is in San Francisco.

More from Medium

Why is email marketing still crucial in 2022?

Email marketing in 2022

The Fundraising Diaries: Mia Davis

My Go-To User Acquisition Tactics

What do entrepreneurs overlook about MVPs