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Old 31-05-2013, 03:33 PM
ShareWithMe ShareWithMe is offline
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This is a some what a well known US based biomedical company listed in NYSE with market cap 39.02Billion, so its unlikely to close shop. They have already a plant in SG 3 years back and they are starting up another business division of theirs.

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Originally Posted by Unregistered View Post
1) Oh startup. No wonder, like that 90% is people keep rejecting they getting desperate. Put yourself in the boss shoe, will you hire someone with no experience, perform badly in interview and yet still need to give 20% increase under normal circumstance?

2) Start ups are mega big risk. 20% is way too low for such a risk unless they top up with sizable options/equity. They can offer you anything now but also close shop or cut you loose 6 months down the road.

3) Nope. Startups are ultimate cut cost, any small company who think like you do is on the way to insolvency. No offense, but that's just part & parcel of doing business.

4) Better stay put, you are heavily committed and this is not the time to go about on some wild adventure in a start up. If you want to jump at least go somewhere with a decent size and track record, 80% of startups fail eventually. This is an academically well researched and documented fact.


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