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I worked for a start up for 16 months before it went bankrupt, and it was the best experience I have had. I gained an immense amount of experience I would have otherwise not gained continuing to stay at my current employer.

1. The startup paid very well, 33% over my previous secure job I enjoyed. I pocketed the difference in pay so I would have a sizable emergency fund if/when they went bankrupt.

2. I also knew that I was very marketable around where I lived, so if/when the compnay went under I could find another job.

In the end the company did go bankrupt, I took 2-3 months off, travelled around the world and then started back at the company I originally left.

Check out and ask tough questions about the finances of the company. Check to see if and how many companies the CEO and CFO have started and gone bankrupt. Are the sales people successful?


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