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There's an old saying: "the best way to get rich is to help a rich person get even richer." If a small handful of people can create and sell a product that is
by rm_-rf_slash 10y ago
There's an old saying: "the best way to get rich is to help a rich person get even richer."
If a small handful of people can create and sell a product that is profitable and scales well enough, they will be rewarded.
However, the employees brought on after the company is profitable and/or has a high valuation (>$100m) are simply seen as costs. They have to be on-boarded and given the relatively low wage ceiling compared to the early employees, they have ample reason to quit and move after a year or two, so they become a turnover headache as well. Not to mention, the newbies are often the first to go if a layoff is necessary.
So, in short, don't let yourself become expendable.
- analognoise 10y agoThe graveyard is full of the previously indispensable. Everyone is expendable.
- zghst 10y agoTrue, however everyone isn't equally expendable.