News for hackers. Stuff that matters.

A comment on I sold Baremetrics. Parent comment

Re:I sold Baremetrics by gumby on Tuesday November 10, 2020 @12:15PM (#25048334)
Companies don't have to be run that way. When we sold Cygnus the receptionist was able to pay off her mortgage and other debt. She was a 65 year old divorced woman and now she could afford to retire (she stayed with the company though).

Of course we were a traditional SV startup -- people are different these days.

[ Parent | on HN ]
Re:I sold Baremetrics by caffeine on Tuesday November 10, 2020 @01:03PM (#25048929)
Well I think the fact that you're a nice person who made sure the secretary was taken care of is great!

But I wouldn't start generally inferring that it makes sense to take secretary jobs at startups on the chance the founders decide to pay off my mortgage.. Baremetrics is a more typical case, I would think.

[ Parent | on HN ]
Re:I sold Baremetrics by ticmasta on Tuesday November 10, 2020 @01:29PM (#25049286)
the math is still incredibly lopsided. Your secretary can pay off her mortgage or buy a new car; the founders get FU money. This is just how it works; hate the game not the player.
[ Parent | on HN ]