HN user

d3w4rd

26 karma
Posts1
Comments4
View on HN

Energy Efficient Equity | Los Angeles, CA / Orange County, CA | Full-time | ONSITE, REMOTE (US) | https://www.energyefficientequity.com

Energy Efficient Equity (E3) provides financing to residential and commercial property owners for use on their energy efficient remodels, installations and upgrades. For example, we finance water efficiency products, solar products, HVAC upgrades and a lot more.

We’re building out the data, infrastructure, tools, and applications to support our business and having fun doing it. You'll help design and develop the applications we use to take loan applications, approve them, pay contractors, issue bonds and much more.

We use: Python (Django & Celery), Angular (considering React), PostgreSQL, Elasticsearch, AWS.

We're a team of 5 engineers and looking for more product, infrastructure, and data engineers. More details can be found at https://energyefficientequity.applytojob.com

No mention of expenses for passengers. Given transportation to/from the coast, I'd guess a plane ticket in/out of here would be prohibitively expensive in both time and money.

And building a 4 story metropolis underneath doesn't make sense unless there is a reason to visit. Hotels, conference centers and shopping centers, wouldn't be enough, at least for me.

I am wrapping up 4 months in a similar experience that hasn't worked out.

Before I accepted I put together a spreadsheet which calculated lost salary and opportunity costs versus potential return for a 2, 3 and 5 year period. I had to fudge some numbers but it was a really good exercise and recommend going through for your situation (ie: wife, house, future kids, etc...)

Regarding stock, some questions I asked along the way:

- How Many Shares / What percentage of company do I own? - What type of stock is it and what restrictions or exercise rights do I have. - How will my shares be diluted over time? - Can I see the term sheet being sent to potential investors?

After the calculations I was comfortable with the risk/return for me and did it.

But now 4 months later, they are out of money and starting Tuesday I'll be looking for something else.