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You seem to make the assumption that just throwing more money at the individual is fair compensation. Perhaps I misunderstood your statement.
by davidgrenier 11y ago
You seem to make the assumption that just throwing more money at the individual is fair compensation. Perhaps I misunderstood your statement.
- kafkaesq 11y agoFounder equity is typically on a completely different scale than that of employees (even first hires). So we shouldn't be surprised that their loyalty is on a completely different scale, as well.
- unabridged 11y agoExactly. My main problem is that the CEO's stance is entirely hypocritical, because he would demand real equity or quit (probably even faster) if he was in the employee's position. Once you have access to millions in funding its tough to see people who have to work for a living as human just like you. You expect them to lovingly accept terms that you would be insulted at. Now if your talent is so great that you dwarf all your employees it might be justified. But when you are pained at losing productive workers chances are your favorable terms exist mostly because of your connections.
- cmdrfred 11y agoThis is exactly as I see it. A company and it's investment in me is how I determine my investment in it. Pay market average expect an average 8 hour work day.
- vacri 11y agoYou have a considerable chip on your shoulder, and are projecting things onto the article that aren't there. The article spends a lot of time discussing how things are from the departing employee's point of view, and not (as you suggest) looking down from an ivory tower.