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Hi Fishes, Sometime back I was interviewed for Technical Support Job role in my domain. T1 went well. T2, in my understanding was better only (not great like T1 but not blunder. I felt it was nice and i replied majority of questions). They released the feedback after 10 days with "Not Positive". I am not totally sure with feedback as I replied majority of questions correct. I am being bit curious with "Microsoft" tag. What can be the reason?
Discussion appreciated.
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What does your firm's malpractice insurance permit regarding outside interests? Will you have a defined scope for your "work" in exchange for equity? What if the scope changes? Will you be a passive partner and have a written partnership agreement (or similar)? Does your friend waive the conflict issues that arise from this relationship?
There would be no insurance. I decided to turn down the offer.
Your heart is in the right place but this has many risks. Many firms do not allow “outside work” or “favor for a friend type service” because if the deal goes south, everyone gets sued. Does your firm’s E&O cover you for work not done though the firm? If your firm allows “outside work”, you likely need to do a standard conflict check. You should also have an engagement letter spelling out the scope of the work and how you are to be paid ($, equity, % etc) Whatever you do, it is not a good idea to do work “under the table”.
Totally agree. I disclosed the idea to the MC but some risks involved in terms of insurance made me to turn down the offer.