Confidential mandate Executive Search Series B Fintech United Kingdom

Four offer stage declines.
One problem nobody
had tested.

A Series B fintech was replacing a departing technical co-founder with a VP Engineering. Previous searches had reached qualified candidates, but every offer had failed. Talhive found that the problem was not sourcing. It was motivation.

32d
Brief to signed offer
5
Candidates presented
100%
Offer acceptance rate
40
India engineers hired in the following 18 months
01 The mandate

Replace a departing technical co-founder with the right VP Engineering.

A Series B fintech needed a VP Engineering with payments infrastructure depth, India engineering leadership experience, and credibility scaling from Series B toward Series C. Previous searches had reached qualified candidates, but repeated offer stage declines had left the Board questioning whether the profile or the process was wrong.

02 The diagnosis

The candidates were qualified. The motivation had never been tested.

The previous searches had found viable candidates. The failure happened later. Concerns around equity structure were present well before the offer stage, but they had never been surfaced or resolved. When the offer arrived with those concerns still open, the candidate declined.

Talhive treated motivation as something to investigate, not something to assume.

"Four offer stage declines look like bad luck. They are almost always the same thing: a concern that was present from the first conversation that nobody asked about directly."

A VP Engineering replacing a technical co-founder, who will be asked to build an India team ahead of the next raise, will almost always read equity as a proxy for their own trajectory. That question belongs in the first substantive conversation, not at the offer stage.

03 What we did differently

Test motivation before the client invests in the candidate.

1
Define the closing variables before sourcing
Equity, India team ownership and the next stage narrative were identified upfront as the factors most likely to determine whether the right candidate would actually move. They were written down before the first approach and tested with every candidate from the first conversation.
2
Make motivation a decision gate
Candidates were tested for scope ambition, equity expectations and risk appetite before being presented. Two were removed from the shortlist at this stage, not because they were unqualified, but because the motivation signals were ambiguous enough to carry offer stage risk.
3
Surface concerns before the offer
Where concerns emerged, Talhive brought them back to the client early enough to resolve them before they became offer stage objections. Terms were adjusted before the candidates met the client, so what would have been a decline was never an obstacle.
4
Use the search to improve the offer itself
The equity conversation became part of the broader alignment between the incoming VP Engineering, the leadership team and the next stage of the company. The search improved the offer rather than simply carrying it to market.
The impact

VP Engineering hired in 32 days.

32d
Brief to signed offer, including calibration, motivation interviews and the offer restructure
5
Candidates presented across the search
100%
Offer acceptance, with no offer stage declines
40
India engineers hired by the incoming VP Engineering in the following 18 months
Series C
Closed after the leadership hire was in place

"The hire went on to build a 40-person India engineering team in 18 months and led the company's infrastructure rebuild ahead of a successful Series C close. The equity conversation that sank the previous searches became the opening of a shareholder alignment discussion."

TALHIVE MANDATE RECORD, EXECUTIVE SEARCH, SERIES B FINTECH, UK

The mandate you are working on
probably has a precedent here.

If this situation resembles what you are dealing with, a search that has already failed once, a brief that hasn't been tested against the market, or a VP-level hire where motivation is being assumed rather than validated, that is a useful starting point for a conversation.

Other mandate briefs, access on request
Executive Search · Switzerland
CFO, Enterprise SaaS.
DACH region, fully confidential.
38 days brief to signed offer · Series C raised 11 months post-hire
38d
Brief to signed offer
4
Candidates presented
100%
Offer acceptance
Series C
Raised 11mo post-hire
Full brief on request
Read the mandate brief
Technology Hiring · India / Remote
Engineering, AI & Product.
Writesonic.
4 hires · 2 AI Engineers, Head of Engineering, Product Analyst
4
Hires completed
2
AI Engineers
3
Functions covered
100%
Positions filled
Published case study
Read the case study
India Team Build · US / India
India Technology Team.
NBA. Mumbai.
100% offer acceptance · 0 attrition at 12 months · Ongoing
100%
Offer acceptance
8wk
First two roles filled
Zero
Attrition at 12mo
Ongoing
Engagement
Published case study
Read the case study
Read the full mandate briefs

Five more cases.
All of them different.

We share the complete case, situation, diagnosis, methodology, closing strategy, and a sample deliverable, with companies actively evaluating a search. Takes 30 seconds to request.

CFO search, DACH, confidential Series C setup
Writesonic, four hires across engineering, AI and product
India Technology Team, NBA, Mumbai
GCC build, Pune, 0 to 28 engineers in 14 months
Embedded RPO, 22 roles, Stockholm-based Series B

We send the full cases by email within one business day. No sequence, no newsletter unless you ask for it.

More across the cluster

Discuss Your Hiring Needs