Converge, a YC S23 startup, is seeking its second engineer to join their New York City team. They are building a platform to automate the creation and management of financial models, primarily for private equity and venture capital. The ideal candidate is a full-stack engineer proficient in Javascript/Typescript and interested in FinTech. Experience with React, Node.js, and cloud platforms like AWS is preferred, but a strong foundation and a desire to learn are highly valued. Converge offers competitive salary and equity, alongside the opportunity to shape the technical direction of a rapidly growing company.
Converge, a YC S23 startup, is seeking a founding engineer to join their team in NYC. They're building a platform to simplify complex enterprise software procurement, aiming to bring transparency and efficiency to the process. The ideal candidate is a full-stack engineer with strong frontend experience, comfortable working in a fast-paced startup environment. Experience with React and Typescript is preferred, and a passion for building impactful products is essential. This is a ground-floor opportunity to shape a company from its early stages and have significant ownership over the product.
Several commenters on Hacker News expressed skepticism about the extremely broad required and "nice-to-have" skills listed in the job posting, finding it unrealistic for a single engineer to possess expertise in such a wide range. Others questioned the high equity offer (0.5-1.5%) for a second engineer, suggesting it might be inflated and not truly representative of the company's stage. The NYC location was also a point of discussion, with some commenters noting the high cost of living and questioning the long-term viability of remaining in the city given potential equity dilution. Finally, several users questioned the core business idea and its differentiation in a crowded market.
Summary of Comments ( 0 )
https://news.ycombinator.com/item?id=43095067
Commenters on Hacker News discuss Converge's early stage and the implications for a potential engineer #2. Several express concerns about joining such a young company, highlighting the risks associated with its unproven business model and the significant influence a single engineer could have, which could be both exciting and potentially overwhelming. Others question the NYC location choice given Converge's focus on construction, a sector not traditionally associated with New York. Some commenters see the posting as a positive sign, suggesting it indicates Converge has secured initial funding and is progressing. A few users express interest in learning more about the company's tech stack. Overall, the sentiment is cautiously curious, with many waiting to see more evidence of Converge's viability before considering it a serious opportunity.
The Hacker News post titled "Converge (YC S23) is hiring engineer #2 in NYC" generated a modest discussion with a few key points raised.
One commenter questioned the valuation of the company, citing a $20M valuation on just $15K MRR as seemingly high. They speculated about potential undisclosed details or questioned the accuracy of the information presented. This comment sparked a brief discussion about typical valuations for YC companies and the possibility of additional funding rounds not being publicly available yet. Another user responded to this suggesting that perhaps the commenter misinterpreted the post, and was confusing MRR with ARR. They stated that a $20M valuation on $15K monthly recurring revenue would indeed be high, but a $20M valuation on $15K annual recurring revenue made more sense.
Another commenter expressed skepticism about the startup's long-term viability, suggesting the core idea of "automating workflows around B2B software evaluation & purchasing" might not be as substantial or defensible as it initially appears. They argued that the problem might not be significant enough to warrant a dedicated solution and existing tools might already address the issue adequately. This comment did not receive any responses.
Finally, one commenter simply stated they had applied for the position. This comment also did not receive any responses.
Overall, the comments reflected a cautious and somewhat skeptical perspective on the startup, with questions raised about its valuation and the true need for its proposed solution. There was no significant support or enthusiasm expressed for the company within the limited discussion.