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It's beyond me why would anyone would want to give away part of his/her company just because of some shitty development work, and most of developers do just tha
by Giorgi 11y ago
It's beyond me why would anyone would want to give away part of his/her company just because of some shitty development work, and most of developers do just that - write shitty code because they don't give a crap about quality
As a founder you are better of paying some random developer do have viable product and then if it works - hire someone.
NEVER GIVE AWAY EQUITY FOR JOB.
- bm1362 11y agoUh, well you have to pay them. So either pay them cash or incentivize with equity? Aligning interests is essential for a startup.
- fredkbloggs 11y agoI actually agree, but you have to pay people. That means you need to have enough cash -- either in startup capital or revenue -- to pay a fair market wage for the work you're getting. If you do, then absolutely that's how you should compensate your work force; it's better for everyone. But too many founders take $400k in seed money to start a business that's going to need 12 months and 4 people's time to reach revenue and another 18 months to break even. How are those founders supposed to make that work? The right answer is not to accept the $400k because he really needs more like $2m, but that's not what people are doing, so the extra money has to come from somewhere and that somewhere is the employees' pockets.
- hamburglar 11y agoIt seems like your "developers only produce crap" and "don't make offers that are favorable to developers" philosophies may be more related than you think.