u/Ok_Fee1043 wrote (the comment Michael replied to):
Are companies actually honest about runway in interviews/would anyone actually tell you? I’m not sure I’ve ever met with anyone who’d have been able to give me that answer in an interview (maybe they’d have said they could have someone get back to me), and I’ve met with many high
u/michaelnovati replied ·
I mean if you don't trust the people you talk to it might not be a good fit. Runway is based on projections so I would expect some wobbliness in answers but for them all to be generally consistent. Depending on how experienced you are, and what leverage you have you can try to get the most information possible, down to bank account balance.
For general startup advice:
1. What series and how much have they raised. This impacts their momentum and their valuation (i.e. your stock upside).
2. Investors. Look for top tier investors yeah. Investors do a lot of due diligence, so top tier investors means someone else vetted the founders and business model and it at least has a shot.
3. Founders. For engineers, look for tech-heavy founders, at least one of them, and top tier experience over many years. Running a company is hard, and 2 years at Google doesn't cut it. You want a top 1% engineer from a top company in the mix.