Re:I lost $209,640 of my own money trying to start a business
by TuringNYC on Tuesday January 31, 2023 @11:20AM
(#34597140)
>> Why hire people who don’t care that much to build something the founders definitely care a lot about?
Because people dismiss engineers as low-value, until they painfully realize otherwise. It is the same reason Google/Facebook/Stripe did so well compared to other companies -- because Google/Facebook/Stripe realized the strategic value of engineers and compensated them well and aligned with long-term interests. Other companies cut Engineers and constantly squeezed them until they realized (too late) that they had no strategic power left. The stock market over the past two decades is a fantastic A/B test on people strategy and success.
To be realistic, there is one good reason to outsource dev -- it is to very quickly get a demo-able MVP so you can get funding. You have to recognize that the demo-able MVP is most likely throw-away and you have to be ready to re-build from scratch once you get funding for your own team.
Because people dismiss engineers as low-value, until they painfully realize otherwise. It is the same reason Google/Facebook/Stripe did so well compared to other companies -- because Google/Facebook/Stripe realized the strategic value of engineers and compensated them well and aligned with long-term interests. Other companies cut Engineers and constantly squeezed them until they realized (too late) that they had no strategic power left. The stock market over the past two decades is a fantastic A/B test on people strategy and success.
To be realistic, there is one good reason to outsource dev -- it is to very quickly get a demo-able MVP so you can get funding. You have to recognize that the demo-able MVP is most likely throw-away and you have to be ready to re-build from scratch once you get funding for your own team.