I’m 47 now and I completely understand. Over time, I realized that there was life outside of work. Kids were actually fun to hang around, and my wife is my best friend. Not my job, and not my coworkers, the wife I chose to spend time with actually is fun to spend time with.
I get what Alexandr is saying, I really do. Except for the CEO bit, I had the same world view 25 years ago. And it’s a good world view for that age. However life will change, our experiences will broaden, and I feel he will probably have a completely different idea 20 years from now.
I think Brad Fitzpatrick described in Coders At Work or similar being frustrated about how people would clock out at the end of the day, when all his energy was invested in the company. And that it took him a while to realize that it comes with the territory of being a founder. You have a massive stake in the outcome, that employees aren't offered. The incentives are just wildly different, so it would be amazing if the behavior wasn't also wildly different. In fact, startup employees are often undercompensated, compared to their brethren at publicly traded firms.
> I get what Alexandr is saying, I really do. Except for the CEO bit, I had the same world view 25 years ago
Honestly I feel like if you're a founder of a company employing 200 people, you should have maybe just enough emotional intelligence to understand the motivations and incentives of most of those 200. Or be prepared to be replaced.
> The points in the post are reasonable provided there's fair equity for the employees
This is maybe a fair argument for a very small number of founding engineers, who start with multiple percentage points. The idea that it extends to employee 200 is a fantasy because you are asking them to commit to a degree that you will never be able to commit in them.Give a shit about your employees first, and you will find employees that give a shit about you. Asking them to centre their lives around your company when you will easily sacrifice them at needs is deeply flawed.
That's why you don't understand. Long story short, employee's equity is worthless because it will always be reduced to nothing by dilution/preference and even if the company grows a hundred fold.
There are only two people who benefit from a (very) successful company, the founder and the investor.
The first point of the article, that the founder expects employees to care about the company as much as him, is delusional. Folks here understand that because they've been burned before.
There's no reason for employees to care so much about a day job because they will get nothing beyond their regular salary. If anything they are risking quite a bit by working for a smaller company.
I think voicing your opinion and having food for thought is more valued on HN than most other communities I see. Whether that food is negative or positive, is simply another flavor.
While I voiced my disagreements with this article, I value the discussion (and to some extent the article). Whether I view an article as good or bad, in most cases I value the discussion much more than the article :P
I'm happy you submitted it :)
Running a company is a different skillset from getting to the position.
I posted it on HN as I liked the points in the article. The points in the post are reasonable provided there's fair equity for the employees (which I believe is disclosed prior to joining - I have no knowledge about dilution, preference etc). I also agree with the commenters on HN that it doesn't make much sense when there's no equity.
But there are too many comments making the same/similar point.
I personally find what Alex is doing is inspiring, running a 200 person company (ref: article) at 23 is remarkable. I also applaud his courage to publicly share what he thought was best advice.
I might get downvoted for this but I couldn't not say this.