Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner...
by bjornsing on Saturday January 21, 2012 @01:43AM
(#3492823)
> Early startup employees get completely and utterly screwed.
I think there's some after the fact reasoning here: Of course, if you look only at the startups that make it far enough to hire those first employees then risk/reward is much better for founders. But then you have discarded from your sample set all the startups that fail before getting access to the cash needed to hire (revenue or investment). At least where I'm coming from that's the more common case by far, and in that case founders get utterly, royally screwed.
I think there's some after the fact reasoning here: Of course, if you look only at the startups that make it far enough to hire those first employees then risk/reward is much better for founders. But then you have discarded from your sample set all the startups that fail before getting access to the cash needed to hire (revenue or investment). At least where I'm coming from that's the more common case by far, and in that case founders get utterly, royally screwed.