I am a long-time lurker but I wanted to do a reddit style AMA. I figured some people in banking/finance might wonder if the other side of the grass is really greener in a startup.
Little background on myself: I am currently COO/CFO at my startup. My company does drone technology, notably in FPV (first person view) drones. Our customers are general consumers who use these drones for entertainment and education purposes. Before that, I graduated from a west coast school (top 3 UC) and a top Chinese university (Tsinghua, Peking, etc.). Before startup, I have worked shortly for a tech giant in Silicon Valley. I also did some internships for a major brand consulting company, small PE, and a big financial market research institution in China. I have also previously interviewed with JPM and GS to no avail. I've also been let go from a sovereign fund internship due to my nationality after working for one day.
An overview of my jobs and duties include but are not limited to the following:
Manage e-commerce store, office, warehouse
Manage organization structure, inventory, customer support
Business development, marketing, future strategy, negotiate contracts and agreements
Cost control, bookkeeping, find investors
Clean up and buy snacks/lunch for employees. (This is actually very important to preserve a company culture and morale when resources are limited)
Obviously, I can't do all of the above myself, so there is also a lot of delegation.
My company has been around for 3 years but I joined halfway. Within the FPV drone industry, our company is a rising star. However, there is still a lot of unseen risks, sacrifices, difficulties that our company has been through and are still facing that people don't know or cannot see. Without giving too much detail away, I'd like to share as much as my personal experience for everyone who is thinking about doing startups to help decide if this is the right path for you and why I am thinking about going back into finance. You can ask by commenting below or PM me.
EDIT: I am a bit busy so it may take some time for me to reply. But I will reply to all of your questions! Thanks!