So I was hired in this startup a year ago. Its aim is to make a SaaS. It’s been painfully obvious that nothing gets done about this, the only projects we work on are bizarre random demos or small open source projects on github for “marketing”. The company has not had a series A funding yet, and was almost bankrupting some months ago until a VC gave them “some” millions. Meanwhile, there’s still no product, and the company pays for worldwide company trips for no purpose (no conferences or anything), pays for life coaches and frequent global flights for the CEO and who knows what else. When I say “no product” I literally mean it. It only exists on a powerpoint slide without a single line of code implemented. The worst part is this startup is 5-7 years old, and has gone through the bankrupt -> saved last minute by investor cycle more than one time. Average employee stay is 6-14 months. During my employment three managers left the company, and four engineers. There’s no documentation about anything because people come and go after they see there’s no future in this company. Should I anonymously inform investors that my startup employer is a scam, and if yes, how should I approach it?
Story Published at: August 30, 2022 at 09:33AM
Story Published at: August 30, 2022 at 09:33AM