News for hackers. Stuff that matters.
Re:How to avoid start-up success? Not offering equity! by gyro_robo on Friday April 20, 2007 @06:11PM (#15217)
> look at Warren Buffett's philosophy on employee and management stock options. In earlier days he attracted key management with a fair salary

Today's environment is much, much different. ALL key manangement will require equity.

That example is kind of like saying Apple attracted people with a 1 MHz 6502 system. Different time, different standards.

Re:How to avoid start-up success? Not offering equity! by jonmc12 on Saturday April 21, 2007 @07:45AM (#15446)
I'd agree, environment is different. Risk of being on a management team is different. As is the culture of compensation and employee marketplace.

What has not changed is that company ownership is about investment risk.