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Hi fishes,
I am planning a switch so was going through some salary data for a software engineer. My ex-senior manager recommended me a website: Growceed.com which helped me a lot in getting clarification about a lot of things but I am in doubt whether the average salaries of software engineer mentioned on Growceed.com really that much in top MNC companies.
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Make sure you understand what the “secret sauce” is and why it works, what customers love, who your key talent is, etc. Feedback is a friend, from customers and employees alike, if you take it over. Worst case in this type of acquisition is you overpay, didn’t understand what works and destroy value with “improvements”
This makes sense, thank you!
Never let it run by bunch of college kids. If possible, do it yourself or hire a trusted manager based on incentive. Tie large amount of their pay based on your profit.