If you can't find a job right now, you're not alone...

Namanh Kapur
18 Sept 202413:41

Summary

TLDRIn this video, the creator shares their journey of unemployment after losing a job six months ago. They discuss the challenges of living in an expensive city, declining job offers due to a desire for a fulfilling role, and the importance of networking and referrals. The creator reflects on lessons learned, including the necessity of continuous job searching, the value of real interviews, and the significance of cultural fit in the hiring process. They also touch on the disappointment of missing out on equity due to inflexible terms and the emotional rollercoaster of job hunting.

Takeaways

  • 💼 Lost job and severance ran out, currently unemployed.
  • 🏡 Living with parents during tough times, considering it normal in some cultures.
  • 💻 Tech market is tough, but personal choices also contributed to the situation.
  • 🔄 Reflecting on the past 6 months and lessons learned.
  • 🌐 Believes in the power of networking and reaching out to old contacts.
  • 🔄 Realized the importance of always being open to new job opportunities.
  • 📈 Learned that doing real interviews is the best way to improve.
  • 🤖 Interviewers might be suspicious if performance is too perfect.
  • 👥 Importance of fitting in with company culture, the 'airport test'.
  • 💡 Value of referrals in job hunting, even when not fully qualified.
  • 🚫 Declining a job offer due to unfavorable equity vesting terms.

Q & A

  • How long has it been since the speaker lost their job?

    -The speaker has been unemployed for about 6 months since losing their job.

  • What was the speaker's reaction to living with their parents during the pandemic?

    -The speaker found living at home during the pandemic to be a lifesaver and suggests normalizing it.

  • What is the speaker's educational background?

    -The speaker is a software engineer who studied computer science at Rice University.

  • What was the reason the speaker declined job offers they received?

    -The speaker declined job offers because they were not genuinely excited about the opportunities, preferring to wait for a role that aligns with their interests.

  • What was the speaker's strategy during their time off before starting to look for a job?

    -The speaker decided to enjoy life, take a break from work, and not actively recruit for a new job.

  • What lesson did the speaker learn about the importance of always being in the recruiting process?

    -The speaker learned that one should always be recruiting, even when not actively job hunting, to keep leads warm and opportunities open.

  • Why did the speaker decide to start looking for a job again?

    -The speaker needed money and was also getting bored after a period of not working.

  • What was the outcome of the speaker's interview with the company they had previously received an offer from?

    -The company informed the speaker that they did not have the headcount to hire them, despite the speaker's previous success with them.

  • What was the speaker's experience with the interview process after a long break?

    -The speaker found that doing real interviews was the best way to improve, even if it meant making mistakes and feeling embarrassed.

  • Why did the speaker get rejected from a company they felt they performed well at?

    -The speaker was rejected possibly due to the interviewer's suspicion of cheating, despite the speaker's strong performance.

  • What was the significance of the speaker's interview with the company in downtown Manhattan?

    -The interview was significant because it was for a role the speaker was genuinely excited about and it included a system design interview, which is crucial for senior roles.

  • What was the final outcome of the speaker's job search as described in the script?

    -The speaker received an offer but declined it due to unfavorable equity terms that would have locked them in for a longer period.

Outlines

00:00

😟 Struggling with Unemployment and the Tech Market

The speaker shares their experience of losing a job six months ago and being unemployed since then. Their severance pay has run out, and they're living off savings while facing the challenge of affording rent in an expensive city. Despite receiving decent job offers, they declined them, which they now reflect on in the video. They discuss the importance of always being open to job opportunities and maintaining a passive search to keep options open. The speaker also talks about taking a break after working non-stop for three years and enjoying a summer in New York City, which was a refreshing change from the hustle of work life.

05:00

🔄 The Ups and Downs of Job Hunting

The speaker describes their journey of job hunting after a period of unemployment. They recount a conversation with a company where they had previously received an offer but were told that there was no longer any headcount available. They express regret for not taking the offer when they had the chance. The speaker then discusses the importance of doing real interviews to improve, as opposed to mock interviews, and shares an experience where they felt they performed exceptionally well in an interview but were rejected, leading to a discussion about the unpredictability of interview outcomes. They also touch on the importance of referrals and how they can help in the job search process.

10:01

🚀 Overcoming Challenges and Landing an Offer

The speaker talks about their preparation for a job interview in Java, a language they were not proficient in, and how they managed to relearn it quickly. They discuss the importance of system design interviews for more senior roles and how they managed to pass one despite feeling inexperienced. They also mention the significance of cultural fit during interviews, often referred to as the 'airport test', and how it can impact the hiring decision. The speaker reflects on receiving an offer from a company they were excited about but ultimately declined due to unfavorable equity terms. They conclude by mentioning two other significant job opportunities that they will discuss in future videos.

Mindmap

Keywords

💡Severance

Severance refers to the compensation given to an employee who is terminated or laid off from their employment. In the video, the speaker mentions that their severance has run out, implying they are now living off their savings after losing their job. This term is crucial as it sets the stage for the speaker's current financial situation and the need to find a new job.

💡Recruiting

Recruiting in this context refers to the process of seeking new employment or being sought by potential employers. The video's speaker reflects on their decision to not recruit actively for a while, which is a central theme as it led to their current unemployment. The term is used to discuss the speaker's past choices and future actions regarding job hunting.

💡Optics

In the video, 'optics' refers to the impression or image one presents in a professional setting, often through non-essential tasks like Slack updates or meetings. The speaker discusses how they enjoyed not having to maintain 'optics' during their break from work, highlighting the relief from performative aspects of a job.

💡Hustle Culture

Hustle culture is the belief that constant hard work and dedication are the keys to success. The speaker mentions rejecting 'hustle culture' during their time off, which is a significant theme in the video. It reflects the speaker's choice to take a break and enjoy life without focusing on work or career advancement.

💡Tech Market

The tech market refers to the industry or sector involving technology companies and their employment landscape. The speaker comments on the poor state of the tech market, which is relevant to their job search struggles. It provides context for the difficulty in finding a new job within the technology sector.

💡Referrals

A referral in job hunting is when someone internally recommends a candidate for a position. The video speaker emphasizes the importance of referrals, mentioning how a friend's referral helped secure an interview despite not meeting all job description requirements. This keyword is tied to the speaker's strategy for finding a job.

💡System Design Interview

A system design interview is a type of technical interview that assesses a candidate's ability to design large-scale systems. The speaker discusses preparing for and passing a system design interview, which is a pivotal moment in their job search journey. It illustrates the challenges faced by software engineers in senior roles.

💡Equity

Equity in an employment context refers to ownership shares or stock options given to employees. The speaker talks about receiving an equity offer from a company, which is a significant part of the compensation package. The term is tied to the decision-making process when considering job offers.

💡Backdated Equity

Backdated equity means that the vesting schedule of the equity grant is weighted towards the later years of employment. The speaker discusses the implications of backdated equity, which influenced their decision to not accept a job offer. This term is crucial in understanding the risks and rewards associated with the job offers the speaker received.

💡Airport Test

The airport test is a hypothetical scenario where you consider whether you would enjoy being stuck in an airport with a coworker. The speaker mentions the importance of cultural fit, as indicated by the airport test, during interviews. It underscores the value of interpersonal relationships in the workplace beyond technical skills.

💡Senior Software Engineer

A senior software engineer is an experienced professional in software development, often required to have advanced technical skills and possibly leadership responsibilities. The video speaker reflects on their status as a senior engineer and the expectations and challenges that come with it, particularly in the job market.

Highlights

Loss of job and subsequent financial concerns

Exhaustion of severance pay and reliance on savings

The importance of living with parents during tough times

Decline in tech market and its impact on job prospects

The decision to decline job offers despite market conditions

Reflection on the last six months of unemployment

The value of taking a break from work

The realization of needing to find a job for financial and personal reasons

Lesson learned: Always be looking for job opportunities

The mistake of not accepting previous job offers

The process of reaching out to old professional connections

The importance of doing real interviews to improve

The challenge of being perceived as too competent during interviews

The strategy of using referrals to increase chances of getting a job

The experience of relearning Java for a job interview

The significance of passing a system design interview

The importance of cultural fit during interviews

The dilemma of equity backdating and its impact on job acceptance

The emotional journey of receiving and then losing a job offer

The decision to extend the recruiting series to cover ongoing job search

Transcripts

play00:00

about 6 months ago I lost my job and I'm

play00:02

still unemployed my Severance has since

play00:04

run out my mom texts me every single day

play00:06

concerned about my well-being and how

play00:08

I'm going to afford rent in the most

play00:09

expensive city in the United States and

play00:11

for the first time in a long time when

play00:13

my friends invite me out I have to look

play00:15

at the number of dollar signs on the

play00:16

restaurant to decide if I can go don't

play00:18

worry I'm not on the streets just yet

play00:20

clearly I lived at home during Co and

play00:22

that was honestly a lifesaver because I

play00:24

have some savings now that I can use

play00:26

during these tough times we should

play00:27

normalize living with our parents it's

play00:29

quite common for IND culture but not so

play00:30

much in others and I'm not sure why now

play00:32

I'm sure you can agree that the tech

play00:34

Market is absolutely trash right now

play00:35

there really is no argument there but I

play00:37

can't really blame the tech market for

play00:39

all of my problems because I actually

play00:40

recruited and got some pretty decent job

play00:42

offers but then I declined all of them

play00:45

so the obvious question you're probably

play00:46

thinking is why well in this video I'm

play00:48

going to tell you and if you're

play00:49

following the recruiting series then

play00:51

welcome back I'm going to reflect on the

play00:52

last 6 months and then tell you all the

play00:54

lessons I've learned along the way

play00:55

because hindsight is 2020 baby in this

play00:58

market the companies have all the power

play00:59

so maybe it's about time I just accept

play01:02

that Beggars can't be choosers but I'm

play01:04

not ready to do that because I have

play01:05

confidence in myself and it's just like

play01:07

I tell all of you it's not if we'll get

play01:09

that dream job it's just a matter of

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when I'd rather take something I'm

play01:12

genuinely excited about rather than

play01:14

something just because here's how the

play01:16

last 6 months have been if you're new to

play01:17

the channel or just to recap my name is

play01:19

num I'm a software engineer I went to

play01:20

Rice University and studied computer

play01:22

science I've Ed at slumber Microsoft

play01:24

Gusto and then in June of 2020 upon

play01:26

graduation joined bolt a fintech startup

play01:29

in San Francisco I was there for just

play01:30

about 3 years of which the first two

play01:32

Fondest Memories ever the last one not

play01:35

so much we had multiple rounds of

play01:36

layoffs and then I 2 was unfortunately

play01:38

let go in June of 2023 and if you want

play01:40

to watch that entire Saga unfold check

play01:41

out this video right here I signed a

play01:43

severance agreement which covered some

play01:44

benefits and then gave me the equivalent

play01:46

of X weeks of pay if you're interested

play01:48

in a full breakdown of the severance

play01:50

document page by Page comment the word

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Severance below that Severance has since

play01:54

been depleted and now I'm living

play01:55

entirely off of my savings but just for

play01:58

a minute let's go back to the good old

play02:00

stays since I've been working basically

play02:02

non-stop for the past 3 years I never

play02:03

really got an opportunity to take a

play02:05

break so I purposefully decided not to

play02:07

recruit I had just moved to New York

play02:08

City it was summertime and I decided to

play02:10

just enjoy life for a bit in a way I

play02:12

didn't realize how exhausting it is to

play02:13

do a job and I'm not talking about the

play02:15

coding or debugging or even designing

play02:17

the fun stuff I'm talking about all the

play02:18

work you do just to make it look like

play02:20

you're working the slack updates

play02:22

standups responding in Threads messages

play02:25

or what managers like to say Optics well

play02:27

for the first time in a very long time I

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had no Optics no one to respond to I

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could just truly be myself my time was

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my own without digressing too much I

play02:36

enjoyed a summer in New York City one of

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the best things you can do I spent time

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outdoors I experimented with new

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creative YouTube videos and then some

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days I just bummed on the couch and

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watched TV it was a well-deserved break

play02:47

and honestly the first time I just said

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Fu to hustle culture and did nothing at

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some point it became evident that I

play02:53

needed to get a job for two main reasons

play02:55

one I needed money money is nice it buys

play02:57

things and two I was getting a little

play02:59

board and I've never felt this before

play03:01

because when you're working you always

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want to not work but try it for a bit

play03:04

just go do all the things you've been

play03:05

meaning to do that you've put off and at

play03:07

some point you'll get bored of that too

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which is a good thing it means you've

play03:10

recharged your batteries and you're

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ready for something else so I started

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looking and that actually brings us to

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lesson number one always be looking it's

play03:17

like the common adage always be selling

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at least that's what investors tell

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Founders a always BBC closing always be

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closing well I'm realizing that's

play03:26

exactly how recruiting is too it doesn't

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matter what you're doing you should

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always be recruiting in the past 3 or so

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months when I was just chilling I should

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have put out feelers and set up coffee

play03:35

chats and passively applied to companies

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online you don't have to be in full

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recruiting beast mode but keep the leads

play03:40

warm put a little bit of effort in

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because once it gets cold and you have

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to start from scratch it's so much

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harder for what it's worth I'd actually

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gone through a pretty intensive

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recruiting cycle in Spring of 2023 while

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I was still employed so I guess I did

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listen to my own advice back then I'd

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actually gotten some pretty dope senior

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software engineering offers but I ended

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up turning them down because my manager

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convinced me to stay which I know was a

play04:00

mistake because in just a few weeks

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after that I was laid off super messed

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up I know I'm over it I've healed thank

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you so anyways I decided to start

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looking for jobs the first week of

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October like just about October 1st 2023

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but this time it's not proactively like

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in the spring it's out of necessity and

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honestly I was pretty complacent because

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in the back of my mind I was just like

play04:18

oh the offers I got in the spring

play04:19

they'll probably take me back if they

play04:20

have head count I mean yes that's how it

play04:22

usually works if you think about it from

play04:23

their perspective they spent so much

play04:24

time energy resources hiring me they

play04:26

liked me I was ready to come but then

play04:28

decided not to so so as long as there's

play04:30

no burned Bridges we should be good

play04:32

lesson number two always reach out to

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Old Flames no I'm not talking about your

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ex partner girlfriend boyfriend whatever

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I'm talking about your ex-coworkers

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managers friends as long as you didn't

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burn the bridges that's a professional

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relationship you can leverage so I

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started to reach out to my network but

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I'm not going to go into a full

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recruiting breakdown of the entire

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process yet since it's not over and I

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don't have a job imagine if I titled

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this video how to get a job but then I'm

play04:53

unemployed trying to give you advice

play04:55

that'd be a little strange but what I

play04:57

can tell you is what I've been through

play04:58

so far the experience in these last 3

play05:00

four 5 6 months here's the first

play05:02

conversation on the calendar the company

play05:03

I'd already gotten an offer from in the

play05:05

spring George picks up my heart is

play05:07

beating super fast my hopes are up and I

play05:09

don't want to recruit if I don't have to

play05:10

so if I can just accept this be so great

play05:13

but they unfortunately tell me that they

play05:14

just don't have the headcount they're

play05:15

super nice about it and this company is

play05:17

honestly goed great benefits great

play05:19

people great pay I should have taken it

play05:21

when I had the opportunity s tier

play05:22

company but sometimes things just aren't

play05:24

meant to be to continue leveling up in

play05:26

your software engineering career

play05:27

consider corsa's new Google data anal

play05:29

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play05:31

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play05:33

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play05:36

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play05:38

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play05:39

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play05:46

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play05:48

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play05:50

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play05:51

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play05:53

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play05:55

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play05:57

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play05:59

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play06:01

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play06:04

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play06:06

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play06:08

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play06:10

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play06:12

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play06:13

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play06:15

AI Essentials now let's get back to the

play06:17

video so then I continue looking I set

play06:19

up some first chats do some first round

play06:21

interviews and they go okay as good as

play06:23

you'd expect the first couple interviews

play06:25

after a long time of interviewing to go

play06:27

to come across as competent but

play06:29

confident but not too confident so

play06:31

humble at the same time that's a fine

play06:33

line it takes practice and the only way

play06:35

to get better is by doing more of them

play06:36

people are so obsessed with lead code

play06:38

questions and yes that matters a little

play06:40

but doing real interviews not mock

play06:41

interviews not practice interviews

play06:43

that's how you get better you need to

play06:45

fail make a fool of yourself and feel

play06:47

embarrassed when that call ends and

play06:48

you're like oh my God what was that

play06:51

that's how you move forward lesson

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number three do real interviews by this

play06:54

point I've done so many first round

play06:56

chats and companies are telling me that

play06:57

they're looking for more senior

play06:58

Engineers with one company actually

play07:00

having two levels for senior they have

play07:02

like a junior senior engineer and then a

play07:03

senior senior engineer I know it's super

play07:05

strange but I apparently fall in the

play07:07

middle or the junior senior engineer and

play07:10

they want the higher one it was crazy

play07:12

then there's this one company that's

play07:14

objectively not that good I'm not trying

play07:15

to be entitled I'm just saying compared

play07:17

to even in this trash Market the

play07:19

compensation offers the caliber of

play07:20

engineer the caliber of company you can

play07:22

get this one wasn't it it's Warner Media

play07:25

Pretty Legacy entertainment Powerhouse

play07:28

and then I absolutely cred crush it

play07:29

which this is the first time in this

play07:31

process that's happened I walk out and

play07:32

I'm like oh my God 45-minute interview I

play07:34

did that in 15 minutes all test cases

play07:36

passed code was clean there's no way I

play07:38

don't get the offer well isn't it only

play07:40

when you feel so confident that things

play07:42

don't go well because I've done

play07:44

interviews where I feel like I failed

play07:45

and I somehow magically passed but it's

play07:47

never the other way around why why is

play07:49

that why so yes they reject me and the

play07:51

recruiter calls and he's like hey num

play07:53

quick question I know you didn't but

play07:55

just in case had you seen the interview

play07:56

question before or did you use AI to

play07:58

solve it I was like what no of course I

play08:01

didn't he claims that that didn't

play08:03

contribute to the rejection but come on

play08:05

let's be honest if they had any inkling

play08:07

that that's what happened during the

play08:08

interview they're not going to take a

play08:09

chance so they rejected me now I'm not

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trying to say I didn't pass cuz I was

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just too cracked but I guess they think

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I cheated but I don't even know what

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advice to give you here like maybe make

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more mistakes which is mostly me

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trolling but I'm not sure I guess look

play08:21

more human than I did lesson number four

play08:24

be good but not that good again mostly

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trolling but I guess in the age of AI

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with all these llms you could have it

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open on another monitor so don't do that

play08:32

but when you're doing the problems I

play08:34

guess speak more to the camera maybe

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stutter a little bit act more nervous

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I'm not really sure it hasn't happened

play08:40

again after that but if it does I'll let

play08:41

you know so by this point the first

play08:43

interview I crushed but then got

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rejected definitely broke my morale but

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no worries story gets better I get an

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interview with a company I'm actually

play08:51

really excited about for a couple

play08:52

reasons I use them they're really good

play08:55

and my ex-coworker works there and only

play08:57

has good things to say about them so I

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mean that's that's like a winning combo

play09:00

unfortunately the job description says

play09:02

they're looking for six plus years of

play09:04

experience in the industry but also more

play09:05

specifically in Java and the last time I

play09:07

used Java was in college we had a couple

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classes couple assignments there's no

play09:11

way I know how to write industry level

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Java and honestly I don't even remember

play09:14

the syntax anymore none of my

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internships use Java and both used go so

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this is right about the time when I fly

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back to Houston to be home for a bit so

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I decide I should probably start

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prepping no distractions regardless I

play09:23

end up applying with my friend's

play09:24

referral and get the interview which

play09:26

just goes to show you that even though

play09:27

the job description says I wasn't qual

play09:29

ified if you have a warm internal

play09:31

connection they can go to bat for you

play09:33

and you can kind of finesse your way

play09:35

lesson number five always get referrals

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I was so hyped but also so nervous cuz I

play09:40

actually really wanted this job so I

play09:41

wanted to do well shout out to my boy

play09:43

for the referral I end up going home and

play09:45

then I relearned Java from scratch

play09:47

essentially in two days and I live

play09:49

stream the entire process I'm not sure

play09:50

if any of you tuned into that I pull up

play09:51

for the first round and I actually end

play09:53

up passing with the only feedback being

play09:55

that if the candidate knew more Java

play09:57

they would have done better but all the

play09:59

skills were there so thanks to the

play10:00

interviewer for realizing skills matter

play10:02

not programming languages anyways I get

play10:04

the onsite but now I'm even more scared

play10:06

cuz it's a system design interview and I

play10:08

haven't done any of these yet if you

play10:09

aren't familiar these are really

play10:10

important for any role that is basically

play10:12

not nrad software engineering and you

play10:14

can't really get any offers that are

play10:15

senior unless you kill the designed

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portion of the onsite which makes sense

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because the hardest part of building new

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features is designing them in the first

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place not just to work correctly but to

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also be extensible scalable and all the

play10:26

other buzzwords and while I've worked on

play10:28

my fair share of medium problems I'm

play10:30

still quite Junior in the grand scheme

play10:31

of things so I haven't worked on any

play10:33

Netflix level architecture that I can

play10:35

talk about confidently but we out here

play10:37

and we try our best I was doing a lot of

play10:39

these first round interviews and even

play10:40

some virtual ons sits from home either

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in New York or in Houston but this

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specific company's onsite was actually

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in their downtown Manhattan office

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remember when on-sites meant that

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companies would fly you out put you in a

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hotel and then you would interview

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onsite like literally in a conference

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room with these other real Engineers

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yeah the good old days pepper rich

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farmer members I'll spare you all the

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details but if you're interested just

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comment and maybe I'll make a video with

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like a real deep dive of this specific

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interview and maybe some other ones too

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but I pass yes I pass the onsite I

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passed the system design interview I

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have no idea why because my system was

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not that efficient but I think I just

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really got along with the other two

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interviewers in the room and I think

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people forget how important that is

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lesson number six don't forget the

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airport test people are so caught up in

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doing well in the interview like

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actually passing it in terms of code

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quality or correctness that they forget

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that they're going to have to work with

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these humans and these humans are going

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to have to work with them and that might

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matter even more than getting the

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question right it's like the vibe or the

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airport test where essentially if you

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were stuck in an airport with one of

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these co-workers or this candidate

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you're interviewing would you hate your

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life or would you go and grab a drink

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with them you'd obviously want the

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latter because it means that they fit in

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with your culture and you enjoy being

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around them anyways I end up getting the

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offer just about a week later and I am a

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hype but there's one thing no one told

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me which was that this company gave you

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Equity that was backdated just like

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Amazon where your Equity Grant was

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weighted towards your later years

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instead of your first couple so if you

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had a 4-year vesting period you'd only

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get 15 or 20% your first two years and

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then the bulk of it in your third and

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fourth from the company's perspective

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this makes sense because it incentivizes

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employees to stay longer they have to if

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they want to get the bigger parts of

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their Equity Grant but I'd already been

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burned from one startup before and I

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wasn't trying to F around and find out

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again I asked if the equity terms were

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flexible but they said no because they

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weren't going to make an exception just

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for me at this point it didn't matter

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that the company was profitable that

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they were probably going to IPO soon or

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even that the dollar amount of equity

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they were giving me was substantial I

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just didn't want to get locked in like

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that so this company ended up becoming

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the one who got away it was a little sad

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because I was going to get the

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opportunity to work with one of my ex-

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co-workers again who's actually on the

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same org as me at bolt but it wasn't

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meant to be it's okay though he lives in

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New York I see him all the time we're

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good friends last but not least I know

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I'm missing the two stories I promised

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you the company I really wanted but I

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just failed the interview and the

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company that I wanted I got I started

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celebrating and then they said actually

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sorry no well as I'm recording this I'm

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realizing this video is becoming really

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long and those two other companies they

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deserve videos of their own because the

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tea is quite hot and spicy Masala chai

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so I'm going to make a game time

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decision right now sorry to my editor

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who's probably editing this video right

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now we're going to extend our original

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recruiting series we're just going to

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keep these stories going so you can

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follow along as I get that coveted dream

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offer we already talked about the broken

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senior only developer Market I shared

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every single interview question I've

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been asked so far and now you know what

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the past 6 months have been like next up

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is the almost

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$500,000 per year offer I just didn't

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end up getting and that company that

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pulled it away at the very last minute

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so much more to come stay tuned cheers

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