Recover, a YC W21 startup, is hiring a Head of Finance. This role will be responsible for building and managing all finance functions, including accounting, financial planning & analysis (FP&A), fundraising, investor relations, and strategic finance. The ideal candidate has a strong background in finance, preferably within a high-growth startup environment, and is comfortable working in a fast-paced and dynamic setting. They will report directly to the CEO and play a critical role in shaping the company's financial strategy and driving its growth.
SigNoz, a Y Combinator-backed company, is hiring backend engineers to contribute to their open-source application performance monitoring (APM) and observability platform. They aim to build an open-source alternative to Datadog, providing a unified platform for metrics, traces, and logs. The ideal candidate is proficient in Go and possesses experience with distributed systems, databases, and cloud-native technologies like Kubernetes.
HN commenters are largely skeptical of SigNoz's claim to be building an "open-source Datadog." Several point out that open-source observability tools already exist and question the need for another. Some criticize the post's focus on hiring rather than discussing the technical challenges of building such a tool. Others question the viability of the open-source business model, particularly in a crowded market. A few commenters express interest in the project, but the overall sentiment is one of cautious skepticism.
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https://news.ycombinator.com/item?id=43764185
Several commenters on Hacker News expressed skepticism about the Head of Finance position at Recover, questioning the relatively low salary ($140k-$180k) for the Bay Area, especially given the expectation of managing a Series B/C fundraising round. Some compared it unfavorably to similar roles at larger, more established companies. Others pointed out the potential for significant equity, given Recover's YC backing and growth stage, arguing that this could offset the lower base salary for the right candidate. A few commenters also discussed the pros and cons of working at a mission-driven company like Recover, which focuses on textile recycling, versus a more traditional for-profit enterprise.
The Hacker News post titled "Recover (YC W21) Is Hiring" links to a job posting for Head of Finance at Recover, a Y Combinator-backed company. The discussion generated a modest number of comments, primarily focused on the compensation offered and the company's mission.
Several commenters questioned the listed salary range of $170k-$220k, considering it low for a Head of Finance role, particularly in a competitive market and for a company seeking someone with significant experience. They pointed out that equity, while mentioned, lacked specifics, making it difficult to assess the overall compensation package. This lack of transparency about equity was seen as a potential red flag.
Some commenters expressed skepticism about the company's business model, which involves collecting and processing textile waste. They questioned the profitability and scalability of this model, citing potential challenges related to logistics, sorting, and processing costs.
A few commenters engaged in a brief discussion about the environmental impact of the fashion industry, acknowledging the problem of textile waste but also raising concerns about the potential limitations of recycling as a solution.
There was also a short exchange about the location advantage for the role, with one commenter suggesting that being based in North Carolina might be attractive to some individuals seeking a lower cost of living compared to larger metropolitan areas.
Finally, one commenter raised a more general point about the current job market, suggesting that inflated salaries and titles might not be sustainable in the long run.
Overall, the comments reflect a mixed sentiment. While some users expressed interest in the company's mission, others voiced concerns about the seemingly low compensation for a senior role and the viability of the business model. The lack of detail regarding equity further contributed to the skepticism. The conversation, while not extensive, highlights key considerations for potential applicants and provides a glimpse into some of the challenges faced by companies in the sustainable materials sector.