Re:Ask HN: Pros and cons of working at a startup in 2018?
by inimino on Tuesday June 12, 2018 @01:59AM
(#17291020)
> startups need harder, more dedicated workers than the average company in the market.
I agree. So hire harder and more dedicated people. This is not impossible.
The idea that people will work harder for equity than they would for EV-equivalent cash is where we disagree.
If you have 5% of the company, and your direct contribution makes 5% of the difference in whether the company meets its objectives, setting aside whatever external market factors that are totally beyond your control--how motivating is this really? How motivating would it be to a more economically rational actor? Maybe this is the real reason why startup employees tend to skew younger...
I agree. So hire harder and more dedicated people. This is not impossible.
The idea that people will work harder for equity than they would for EV-equivalent cash is where we disagree.
If you have 5% of the company, and your direct contribution makes 5% of the difference in whether the company meets its objectives, setting aside whatever external market factors that are totally beyond your control--how motivating is this really? How motivating would it be to a more economically rational actor? Maybe this is the real reason why startup employees tend to skew younger...