Anyone ever negotiate an amicable exit from a startup? The context: been working for an 8-year old unicorn startup. Been there for close to 1.5 years. The culture is terrible. The CEO is a paranoid psychopath. My role changed immediately after I accepted the offer. I was setup for complete failure. No support. Absent leadership. Zero resources to get anything done. I’m done, not worth my mental health. But don’t want to walk away with nothing. Can exits be negotiated? Is this common?

like
Posting as :
works at
You are currently posting as works at

My thought process….the company is a first to market start up, currently leading this space. CEO is an uber paranoid individual. My guess is that they’ll IPO in the next 1-2 years. Wondering if that gives me some leverage to negotiate an amicable exit package. Currently an SVP with them.

I would say that would be based on your contract of when you are awarded stock options. But I’m regards of leaving, I don’t believe there’s is generally room for negotiate unless you were a critical asset to the team prior. I have never seen otherwise but take what I say with a grain of sale

Yes - create an agreement with terms and conditions and start shopping to purchase an active business with 5 years Earnings + Profits = Debt Service Coverage 3%
and add Value!

Related Posts

Looking for referral at Telstra..pls dm if you can refer

Does anyone know what an IT Network Inventory Specialist is as a designation?

I am never good at asking follow up questions during an interview. Actually this will be more like a discussion about a STEM opening in my district. Ideas on questions and maybe conversation starters? Thanks!

like

I just received email to submit documents for Wells Fargo. Before this , haven't had conversation with the HR.
1. Can I mail back asking for the budget they have for this role?
2. Can I keep the current CTC thet he asked as blank and just state my expected CTC in email?
3. He had asked for tenure in the current organisation. Does this affect the hike? My tenure in current organisation is 9 months.

Any suggestions on this will be helpful. Thanks.

like

Any Canadian consultants tried exiting to US roles (outside consulting) via Mgmt Consultant TN - did you have success or failure?

Any advice for someone aspiring to that route?

like

Should I take this offer in a second line role with similar bad WLB as public? Current salary: 155k base, 8k annual bonus (7YOE):

Offer:
170 base
17k sign on
25,500 (15% annual bonus)
28k annual RSUs (vest quarterly)

like

Hello all,
How much
Capgemini is offering for 10 years of experience, skill CCM
Consultancy saying max budget is 25lap including variable pay. Role considered as architect.
Please help Capgemini

like

I just accepted a corporate counsel role with a large Fortune 500 company. Any advice or thoughts on make the transition from a firm to in house?

like

Hey all, having issues with interviewing this year. I’ve been passed over every opportunity I really want and I’m unsure how to regroup and move forward. I’m really trying to break into method development roles and I haven’t had the opportunity to do so with my analytical experience. A lot of my HPLC and LCMS experience is with already established methods. Any tips?

like

Hey all! Australian in Canada hoping to return home ASAP. Are any of the consulting firms hiring now?

like
like

For ex consultants without finance backgrounds who transitions to PE or Growth do you have any recs on podcast books to read that helped you build your PE/Investing knowledge?

likehelpful

Heard about a ‘bullying’ culture at BCG London? How true is this and how does it compare to M, B in London?

like

What do fishes know about an alliance management career? How do you get into it? What’s career progression / wlb like?

like

Hi Fishes,
I got an offer from
Maersk IT department bangalore..
Can anybody say how is the work in Maersk. Is it worth joining Maersk. How are other things in Maersk, like job security, yearly hikes, bonuses etc..
I have one more offer from IBM, with nearly same package.

like

Anyone here in large Automotive Tier 1 sales? What’s your position, sales/yr, base and bonus?

like

Moving from a boutique (<30 employees, MBB competitor) to the strategy practice of a Big 4. Have only worked for boutiques in the past, so I’m expecting there to be some major differences in terms of working style.

What are the major differences and ‘watch outs’ you would point out to me? Could be anything from culture, to red tape, to compliance etc.

likefunny

Hi Fishes,
It's over a month I had applied for a job post at career portal of accenture and still it is showing your application is under evaluation. My job CID no is C7183481. And now I am unable apply for other job openings too. Can anyone help me to apply for job post also and to know about the status of this applied position.

I would like to transfer my career to Healthcare Data Analytics. I’m gaining my data analytics certification by the ending of November. I’ve also worked and still currently working for great healthcare company’s. I also have lots of great healthcare data experience. My only concern is no degree. What can I say to recruiters that will WOW them or replace the fact I have no degree because that’s what most of these company’s require.

likesmart

I’m still in the entry levels of digital marketing and I’m looking to expand my skills. What would you suggest to get certified in or skills / programs to learn.

More Posts

Wondering what people think about my situation. I’ve been offered a role with a company. The job description didn’t mention college degree as a requirement. On my CV I have a section listed as “Education” and under it I have “Business Studies” with the university name and the 3 years that I attended the course (2.5 to be exact). It’s a 4 year degree and under this I have my High School equivalent with the years I attended there. The education wasn’t mentioned in the interviews. Continued below.

like

What’s a fair salary increase after a year of inflation?

like

Looking to break into investment banking M&A as a lateral analyst. Been doing Valuations for almost a year (graduated spring 2018 from ug). I've practiced modeling and finance questions. Cont...

like

I have been searching for job from quite a long time and all I have seeing HR/Panels asking for
1. Number of implementation projects done.
2. Work experience on S4 Hana.

And if I don't have atleast any one of these, I will not be considered.

Is it really that important ?

Being joined as a fresher - Is it really something that I can decide whether to be in support or implementation project ?

Is upgrading of ECC to S4 Hana in my hands ? And the difference is really that vast ?

like

Just ordered a pizza. Another thrilling night in with the bf. What's everyone else up to?

like

Any writers here working remotely full time? If so, how’d you manage to swing that? And is it hard to be a remote writer in pharma?

Maybe this is the socialist in me but shouldn’t Moderna and Pfizer waive their patent exclusivity for their Covid vaccines? Don’t we have a moral obligation for the world to vaccinate as many people as quickly as possible?

It blows my mind that many countries won’t be able to vaccinate most of their people until 2023. There should be access to vaccine generics

likefunny

Thoughts on Micromass?

like

What are salary rates for an Art Director in NYC these days? $90k $80k?

like

Can anyone share any examples of outstanding direct to consumer healthcare ads?

like

How long it takes to get laptop from pune office.
I need to go on 1st sept.

like

What salary should be expected of a business control role in Citadel securities, working under CFO/CRO office in NYC. With total 10+ YOE.
This role sits directly under enterprise risk head.

@citadel

like

Hi, What should be the salary for 9 yr experience in azure devops ?

like

Hi fishes, I am looking for an opportunity in Siebel admin/ Siebel upgrade. Currently working as a Sr Analyst. Any leads would be helpful.
Yoe: 5 yrs

Is anyone else worried about how fast digital platforms are changing? Older employees are already struggling to keep up, and it feels like we always have a new platform to learn.

like

Hi I have received offer letter from Harman for Mercedes Benz client in Bangalore location.

My joining date is very near.

Can anyone help me about the work culture and growth

like

PwC epm - what to stay away from - just joined the group as an audit transfer

like

Anyone refer for java 6 years experience for ford? Lwd 22 aug

Are all the Oracle certifications free irrespective of our team after we join Oracle? Or WT can do certification only of our manners assigns any to us?

like

Additional Posts in Startup jobs & referrals

Anyone know a great Accounting manager for a client in the SaaS space? Fully remote but ideally on the East coast

like

Hello, I recently took a Sales Director position/promotion with a startup that didn’t tell me they were in financial trouble before hiring me… they’ve been late on my last 4 paychecks. Anybody know of opportunities for a sales manager? Please help.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal