|This question is specifically referring to startups, because startups generally have more risk involved.|
I'm currently looking at job openings at startups. There's some that interest me, but I'm worried about some of the risk that comes with joining a startup. That's not to say that I'm not willing to take on any risk, but I at least want to know what I'm getting in to before I bet me and my families financial well-being on it.
That said, I'm never sure what I'm allowed to ask startups. Given that I haven't been hired yet, I would think some startups would prefer not to give out too much information about business plans or traction statisics.
Am I allowed to ask questions like:
- How much runway do you have left? What's your plan for extending that runway? If you're planning on new investments, are you actively seeking that?
- Why do you think this product will succeed?
- What's the end game? Are you hoping for an acquisition, or an IPO, or a lifestyle business? Something in between? Are you close to achieving that goal?
- (assuming I've found something the startup is currently struggling with, like churn... I mostly want to see that they're working towards smart solutions) What are you planning to do about your churn problem?