4 ms·

They have $1.2 million dollars, they can't pay more. $125K is a huge pre series-a salary.

binaryfinery 16y ago
They're also offering stock of course, and it actually looks interesting :-) Plus they may not be so time sensitive: 4 programmers for 10 months vs 5 programmers for 8 months (yes I know). But if its $125k vs $150k will that $25k break the bank? Maybe. Maybe not.
- starkfist 16y ago
  I used to recruit and hire people and have been working with early stage companies for over a decade. The two companies I've worked with who tried this sort of hiring scheme blew through all their cash within 18 months, and they had a lot more money to burn.
  - binaryfinery 16y ago
    I worked at a company that paid us fuck-all and still managed to burn thru $300 million. Are you in a position to tell us that the companies you worked with blew their cash on salaries, or are you just drawing making two causally unrelated statements in the same sentence?
    - starkfist 16y ago
      Yes, they blew all the cash on salaries.
- blacksmythe 16y ago
  The real question is will two $150k programmers produce more than three $100k programmers. In Silicon Valley, my experience is yes. The same ratio probably applies anywhere, but the relative scale changes.
  - jtheory 16y ago
    Ah, but programmers don't come with these labels, do they? And of course the $100K programmers are happy to accept an offer at $150K as well (though they won't be any more productive), in which case you've actually just chopped out a third of your productivity.
    - binaryfinery 16y ago
      Why would you offer the $100K programmers $150K? Ah, you are saying that because programmers don't come with labels, you are unable to tell the two apart. I would suggest that you don't be involved in recruiting then.
    - blacksmythe 16y ago
      The $150k programmers don't answer job ads. They get all of their work through referrals.
roel_v 16y ago
This is another one of those nonsense excuses. If they can't pay the proper price, they won't be able to get the best people. Period. I'd like to drive a Lamborghini Gallardo yet I'm stuck with a crappy Citroen. Do I go out and bitch on a blog about how I can't find Lamborghini's (with the implicit assumption that I can only afford 1/10 of the normal market price)? No I accept that I can't afford it and make due with what I have.

They're also offering stock of course, and it actually looks interesting :-) Plus they may not be so time sensitive: 4 programmers for 10 months vs 5 programmers for 8 months (yes I know). But if its $125k vs $150k will that $25k break the bank? Maybe. Maybe not.

starkfist 16y ago
I used to recruit and hire people and have been working with early stage companies for over a decade. The two companies I've worked with who tried this sort of hiring scheme blew through all their cash within 18 months, and they had a lot more money to burn.
- binaryfinery 16y ago
  I worked at a company that paid us fuck-all and still managed to burn thru $300 million. Are you in a position to tell us that the companies you worked with blew their cash on salaries, or are you just drawing making two causally unrelated statements in the same sentence?
  - starkfist 16y ago
    Yes, they blew all the cash on salaries.
blacksmythe 16y ago
The real question is will two $150k programmers produce more than three $100k programmers. In Silicon Valley, my experience is yes. The same ratio probably applies anywhere, but the relative scale changes.
- jtheory 16y ago
  Ah, but programmers don't come with these labels, do they? And of course the $100K programmers are happy to accept an offer at $150K as well (though they won't be any more productive), in which case you've actually just chopped out a third of your productivity.
  - binaryfinery 16y ago
    Why would you offer the $100K programmers $150K? Ah, you are saying that because programmers don't come with labels, you are unable to tell the two apart. I would suggest that you don't be involved in recruiting then.
  - blacksmythe 16y ago
    The $150k programmers don't answer job ads. They get all of their work through referrals.

roel_v 16y ago

This is another one of those nonsense excuses. If they can't pay the proper price, they won't be able to get the best people. Period. I'd like to drive a Lamborghini Gallardo yet I'm stuck with a crappy Citroen. Do I go out and bitch on a blog about how I can't find Lamborghini's (with the implicit assumption that I can only afford 1/10 of the normal market price)? No I accept that I can't afford it and make due with what I have.