\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Quit my job at a scam/fraud tech startup yesterday. JFC is this common?

Found something new and literally quit without notice yester...
talking coldplay fan ceo
  07/19/25
out the company
Sepia Kitchen Elastic Band
  07/19/25
this is majority of "startups", burn out the peopl...
Cracking market bbw
  07/19/25
sadly cr
Embarrassed to the bone death wish
  07/19/25
yeah, but it sounds like OP was in that small subset of star...
Sepia Kitchen Elastic Band
  07/19/25
...
dark underhanded cuck
  07/19/25
Yep
Godawful coral jew
  07/19/25
I don't feel comfortable doing that at the moment. Too many ...
talking coldplay fan ceo
  07/19/25
here's your lesson: avoid all startups except those with a v...
Sepia Kitchen Elastic Band
  07/19/25
...
dark underhanded cuck
  07/19/25
tech companies typically rely on "puffery" and not...
Sepia Kitchen Elastic Band
  07/19/25
I don't know enough to say with certainty that they committe...
talking coldplay fan ceo
  07/19/25
Motherfucker, have you ever been an executive at a startup t...
carmine infuriating telephone crackhouse
  07/19/25
worked at multiple startups, but never made it to the execut...
Sepia Kitchen Elastic Band
  07/19/25
From my experience at startups, tech people don’t unde...
dark underhanded cuck
  07/19/25
that's because startups tend to hire young and inexperienced...
Sepia Kitchen Elastic Band
  07/19/25
This is right. It's made even worse by the burning desire al...
carmine infuriating telephone crackhouse
  07/19/25
...
Long TERF War for PeterBoi Poon
  07/25/25
did u have to take a pay cut
fighting dilemma party of the first part
  07/19/25
Very different compensation package at the new job. Might ma...
talking coldplay fan ceo
  07/19/25
ah interesting, well that just sounds good then
fighting dilemma party of the first part
  07/19/25
I did this at a unicorn startup. Took a role in a supposedly...
carmine infuriating telephone crackhouse
  07/19/25
so did unicorn go public?
Cruel-hearted Bearded Travel Guidebook
  07/19/25
"unicorn" is really meaningless because startup va...
Sepia Kitchen Elastic Band
  07/19/25
Hahaha yeah
Mahogany macaca ape
  07/19/25
...
vigorous theatre therapy
  07/19/25


Poast new message in this thread



Reply Favorite

Date: July 19th, 2025 9:01 AM
Author: talking coldplay fan ceo

Found something new and literally quit without notice yesterday. I don't mind burning that bridge because I was there less than a year, and my manager (the CEO) was a psychopath.

The company has grown to several hundred people, and it seemed like lots of engineers were working overtime to deliver features. The office even had this elaborate "command center" to monitor their software for outages.

A few weeks ago I was part of a team that visited the company's primary customer. They literally had only three people toying with the software with no plan to actually start using the software for the foreseeable future.

The company has an insane valuation that is completely made up; probably 80% of the company is working overtime and burning out to build something that is literally not being used for any real application by any customer, and that's unlikely to change for a long time.

It saw a revolving door of executives during my short time there. I walked out through that door yesterday.

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114026)



Reply Favorite

Date: July 19th, 2025 9:07 AM
Author: Sepia Kitchen Elastic Band

out the company

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114037)



Reply Favorite

Date: July 19th, 2025 9:10 AM
Author: Cracking market bbw

this is majority of "startups", burn out the people doing the actual work so founders and execs get $$$

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114038)



Reply Favorite

Date: July 19th, 2025 9:12 AM
Author: Embarrassed to the bone death wish

sadly cr

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114041)



Reply Favorite

Date: July 19th, 2025 9:15 AM
Author: Sepia Kitchen Elastic Band

yeah, but it sounds like OP was in that small subset of startups that grew much larger than average and could have a $1B+ valuation

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114045)



Reply Favorite

Date: July 19th, 2025 9:19 AM
Author: dark underhanded cuck



(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114049)



Reply Favorite

Date: July 19th, 2025 2:16 PM
Author: Godawful coral jew

Yep

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114425)



Reply Favorite

Date: July 19th, 2025 9:19 AM
Author: talking coldplay fan ceo

I don't feel comfortable doing that at the moment. Too many rich and powerful people behind this company.

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114048)



Reply Favorite

Date: July 19th, 2025 9:29 AM
Author: Sepia Kitchen Elastic Band

here's your lesson: avoid all startups except those with a very high likelihood of doing an IPO. sell all stock ASAP after the IPO and gtfo

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114054)



Reply Favorite

Date: July 19th, 2025 9:30 AM
Author: dark underhanded cuck



(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114055)



Reply Favorite

Date: July 19th, 2025 9:11 AM
Author: Sepia Kitchen Elastic Band

tech companies typically rely on "puffery" and not outright fraud -- their lies and exaggerations are basically as extreme as they can be without entering fraud territory. of course, the shadier companies do actually enter fraud territory, which is not as common. sounds like yours may have done that, though

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114040)



Reply Favorite

Date: July 19th, 2025 9:22 AM
Author: talking coldplay fan ceo

I don't know enough to say with certainty that they committed fraud, but I wouldn't be surprised if that was the case.

That job was a fucking nightmare. Insane CEO. Crazy turnover. I'm glad I found something new at an established company.

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114052)



Reply Favorite

Date: July 19th, 2025 9:46 AM
Author: carmine infuriating telephone crackhouse

Motherfucker, have you ever been an executive at a startup that raised a shitload of money???

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114072)



Reply Favorite

Date: July 19th, 2025 10:09 AM
Author: Sepia Kitchen Elastic Band

worked at multiple startups, but never made it to the executive level because i left the startup world in my 20s; too young and not enough connections/luck to become an executive at that age. furthest i got was principal engineer reporting to the CTO. but i do have a few friends who have been executives at startups, and their experience matches what i poasted

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114087)



Reply Favorite

Date: July 19th, 2025 10:25 AM
Author: dark underhanded cuck

From my experience at startups, tech people don’t understand applicable laws and regulations. They just drink whatever koolaid they’re given. So even if they were the CTO they’re prob clueless

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114106)



Reply Favorite

Date: July 19th, 2025 10:49 AM
Author: Sepia Kitchen Elastic Band

that's because startups tend to hire young and inexperienced people who haven't realized that the startup world is built on lies and burn out. the CTO i reported to happened to have over two decades of real industry experience, but i've seen countless startup "CTOs" in their late 20s/early 30s. those are definitely clueless

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114142)



Reply Favorite

Date: July 19th, 2025 9:00 PM
Author: carmine infuriating telephone crackhouse

This is right. It's made even worse by the burning desire almost all CEOs of high profile startups have to be the next Elon Musk by "disrupting" everything and overpromising if it gets money through the door

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49115296)



Reply Favorite

Date: July 25th, 2025 6:31 AM
Author: Long TERF War for PeterBoi Poon ( )



(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49129943)



Reply Favorite

Date: July 19th, 2025 9:32 AM
Author: fighting dilemma party of the first part

did u have to take a pay cut

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114056)



Reply Favorite

Date: July 19th, 2025 9:37 AM
Author: talking coldplay fan ceo

Very different compensation package at the new job. Might make more depending on bonus, but overall it's an insignificant difference.

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114062)



Reply Favorite

Date: July 19th, 2025 9:41 AM
Author: fighting dilemma party of the first part

ah interesting, well that just sounds good then

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114067)



Reply Favorite

Date: July 19th, 2025 9:40 AM
Author: carmine infuriating telephone crackhouse

I did this at a unicorn startup. Took a role in a supposedly well-run, growing portco thinking PE would be lazer focused on results and an exit. Been an overall worse experience AND less money

It really feels like the world is one big punked episode that's in the portion of the setup where some people realize something is fucked, while other people are doubling and tripling down

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114066)



Reply Favorite

Date: July 19th, 2025 9:53 AM
Author: Cruel-hearted Bearded Travel Guidebook

so did unicorn go public?

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114078)



Reply Favorite

Date: July 19th, 2025 10:12 AM
Author: Sepia Kitchen Elastic Band

"unicorn" is really meaningless because startup valuations are always just made up and severely inflated, either to get bought out at a higher price or a better IPO

PE tends to gut startups and create a shit work environment

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114089)



Reply Favorite

Date: July 19th, 2025 10:42 AM
Author: Mahogany macaca ape

Hahaha yeah

(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114126)



Reply Favorite

Date: July 19th, 2025 10:42 AM
Author: vigorous theatre therapy



(http://www.autoadmit.com/thread.php?thread_id=5752272&forum_id=2#49114127)