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I am currently employed and have a pretty good position.
A few months back, a recruiter contacted me from LinkedIn to inquire if I was interested in a new position at a start-up. I looked at the web page of the start-up and it turns out that I know some of the people there, from a previous company. I did not know them well, but do know them.
I interviewed and the CEO put me on his short list. A few weeks later, the CEO wanted me to interview with his team. I did and passed. About two weeks go by and they inform me that they have hired a new VP and that I would need to meet with him. Again, I clear the interview and the VP (who will be my new direct manager, if I am hired) tells me that "he will bring me onboard" and also sends me an email confirming his decision.
Another week goes by and I receive a call from their HR, informing me that "they are waiting to receive their funding" before they can confirm an offer to me. HR continues to call every week to keep me updated on their status and they apologize for the delay. Four weeks have now gone by and it's the same story -their funding has not closed.
Do you think they are stringing me along? I want to join the company, but in the interim, other recruiters have also called with other potential jobs.
Pursue the other decent opportunities as they roll in. If you get to a point where a new gig looks promising, give the start-up notice that you'll need them to get their funding asap if they'd like to bring you onboard.
Waiting on funding means that they don't have the money to pay you. Maybe they will in the future, maybe they won't. Pursue other jobs, don't wait on this one.
I would check in an see when they expect to close the funding round and how much it would be. I wouldn't wait around either. If they are fairly credible, id imagine they wouldn't bother interviewing unless funding was eminent.
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