I'm very new to the startup world. A year ago, I left academia to join a startup as the first engineer employee. The skies were bright, we were going to change the world and become rich and all be happy together.
Now a year later, things are way more gloom. We haven't raised any money, as of today we have effectively 0 active users, and our total revenue over the past year has been ~$100.
Out of 3 founders, none is technical (the CTO is a very, very well connected industry veteran though), and they are all very unfocused and out of touch with certain realities (for example, they filed a patent for a silly tech idea right after incorporation and keep trying to implement that technology in products although it doesn't really solve anything).
During meetings, I always feel like a killjoy by attempting to be realistic and focused and reserved about the brand new idea they come up with every other week and that I need to get started on right when the meeting ends.
I don't feel like it'll get better, and although it was a great opportunity I think it's time for me to move on to brighter horizons.
The main problem is that I've grown to really like the founders on a personal level, they are really well connected so I wouldn't want them to tarnish my reputation as a young engineer completely new to the valley/startup world, and if I leave, the company will probably die off as I'm the only one writing code and making products exist (they'd probably end up paying contractors/freelancers as they can't afford to be competitive on salary or benefits).
I think these last few points might be the result of my inexperience with startups and that I dug myself into that hole— but any insight or advice would be very, very much appreciated.<p>Thanks!
Often, many of the most difficult decisions in life are not what you should do - because deep down, you already know - but how do it. This is true for your decision right now.
A few thoughts for you on that:
1. Irrevocably commit to doing it. Book a meeting with the founders to discuss "something important". Or tell your significant other that you've decided to exit by a certain date. Just do something that commits you to this course of action.
2. Get creative about why you're leaving. Instead of leaving because the company is a sinking ship, think of a diplomatic, but still truthful, reason for exiting. For example, focus on what you are going to do next, and supply that as the reason: "I'm much more interested in working on this kind of technology/product/etc. and I want to go pursue my dream."
3. If you can't bring yourself to tell them your decision face-to-face, put it in writing. Email them to tell them what you've decided, and close it with, "Can we talk?" Then hash it out with them. This is a great way to be done with something (see #1) because once the email is sent, it's sent.
4. Always remember that it is never as bad as you think it will be. It's just business, they will understand your reasons if they are reasonable businesspeople too. If they're decent individuals you'll stay on good terms with them. They'll miss you, they'll be "disappointed", but they'll get over it. And don't be surprised if they've already expected you to do this months ago. It is usually obvious to employers when their employees are unhappy or frustrated.
You already know what to do. Now go get it done! Best of luck to you.