First interview not super intense. Just a general get to know you. Recruitment at the company were a bit all over the place though. Changing dates of interviews, initial interview was set to be online, but then changed their mind and were adament on having it in person. They seemed unsure about the salary range
I applied online. The process took 2 weeks. I interviewed at 10X Investments (Cape Town) in Sept 2025
Interview
After 2 weeks and 5 hours in total of interviews over 3 rounds, the company pulled a bait-and-switch.
* The role was suddenly restructured into an *independent contractor* engagement.
* Pay was capped at their internal employee salary bands (they assessed me at more than 60% less than what I believe is fair market rate). My consulting rate is 1.8 times market rate.
* Insisted on full time engagement and strongly pushed for in-office presence in order for me to "mentor and train juniors"
* Insisted on exclusivity - no other clients in my industry plus requirement to disclose other work
* Dangled possibility of a discretionary bonus contingent on vague deliverables, and capped at 50% of their low-ball offer
* No initiation fee plus month-end payments... so I carry all cashflow risk
So effectively:
- no security or full-time employment benefits
- no pricing power or consulting upside
- all the restrictions and obligations of BOTH!
Top companies for "Compensation and Benefits" near you