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So you're saying earlier IPOs are the answer?
by hueving 9y ago
So you're saying earlier IPOs are the answer?
- notyourday 9y agoIf I knew what was the answer, I would be posting on HN on Sunday while watching a long running processes that did not quite work overnight. We do have empirical evidence that people who think they are going to make gobs of money are willing to put up with a lot more than people who know that they wont make that pile of money. Scenario #1: Boring job - $120k/year salary + benefits. HR would send you home if your shirt is untucked. That kind of a company. Scenario #2: Same Boring job - $120k/year + benefits. Potential to make > $20MM on exit but one has to deal with "bro culture". #2 is probably going to be a preferred by anyone who at any point in their life had a crappy job. Remove the > $20MM exit and #1 is a winner. Remove it after it has been implied and that person would be rather mad at the company.