> If your first engineer is any good, “job insecurity” is the last thing he’s worried about. In today’s environment, even a slightly above engineer can get a job within a month.

Can get a job. There is no end to the stream of recruiters offering jobs that I am overqualified for and pay well below what I currently make. The companies that can match what I have now (which, to be honest, is still lower than I could get at the Google tier) are few and far between.