Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards
by wakeupthedawn on Thursday February 25, 2010 @06:24PM
(#1151878)
If your goal in a startup is to become rich, become a founder.
[ Parent
| on HN ]
Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards
by dannyr on Thursday February 25, 2010 @09:56PM
(#1152243)
Well, if everybody who wants to get rich becomes a founder, there will be no employees or at least there will be no highly-motivated employees.
It takes more than the founders to build a successful company.
Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards
by plinkplonk on Friday February 26, 2010 @01:49AM
(#1152609)
"It takes more than the founders to build a successful company."
Not if you are looking for a 50 million payout. Which, the article seems to imply, is the average buyout amount these days. I believe pg and co managed to make around that much a decade ago. By the time you hire employees you'd better be shooting for a lot more and have some convincing reasons/data why you have a shot at succeeding if you want to get talented people to join you.