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Interestingly, one person's time can be worth more than another person's money. For founders, this is sometimes factored in, but usually not for employees, eve
by superqd 10y ago
Interestingly, one person's time can be worth more than another person's money. For founders, this is sometimes factored in, but usually not for employees, even when they take a reduced salary. At best, if you are taking a 100k job for 50k, you are, in the eyes of most founders, only investing 50k in the company. But if you are putting in beyond 2k hours that year, anything beyond that is an investment and can be worth far more than the extra time put in by founders themselves. Such invested time is usually completely unrewarded, it's assumed to be "factored in".
- mgkimsal 10y ago> But if you are putting in beyond 2k hours that year, anything beyond that is an investment and can be worth far more than the extra time put in by founders themselves It's not just the time, but the experience and skill of one person can be immensely more valuable than someone else's experience and skill.
- adekok 10y ago> Such invested time is usually completely unrewarded, it's assumed to be "factored in". i.e. "completely ignored".