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200 hundred developers for ~8 hours and they value developers at roughly $50/hr. So they want $80,000 of free work with a reward at the end of getting a job fo
by matt_s 9y ago
200 hundred developers for ~8 hours and they value developers at roughly $50/hr. So they want $80,000 of free work with a reward at the end of getting a job for $100k/yr.
Steer clear of it. If this is their mental model of how work should be done, imagine what it is like inside the company.
I would also wonder, if in the US, what laws they might be breaking for this "hiring" process.
- brudgers 9y agoWhat makes this stand out is not the business model, but the lack of sophisticated PR polish and the nakedness of the value proposition. That's how a lot of big open source projects like Chrome and Android and React work...except it's more than 100 developers for more than a 8 hours and there is a lower ratio of jobs on offer at the end...and NPM and Github have a similar model except that they profit by aggregating code people contribute for free.
- matt_s 9y agoI understand how open source work gets "sourced" but this approach to hiring sounds very much like they see developers as entirely replaceable. How would you evaluate people in a tournament style as a good fit for a job? This sounds very much like they think devs are like cattle.
- brudgers 9y agoIs this better or worse than the apps stores? Or similar? For the app store, developers write code without being paid and compete with each other. The corporate entity behind the competition doesn't pay the losers and takes a cut from the winners and the winners rarely make $100k/year and have no job security because the corporate entity can change the rules arbitrarily. Or to put it another way, a tournament of 100 developers competing for five $100k/year jobs provides each developer with an expected value of $5k/year/eight_hours. That's an expected value of $612.50/hour. In terms of the App store that's like writing another FlappyBird. Like I said, the main difference here is the lack of PR polish and the nakedness of the value proposition.
- mars4rp 9y ago"Or to put it another way, a tournament of 100 developers competing for five $100k/year jobs provides each developer with an expected value of $5k/year/eight_hours. That's an expected value of $612.50/hour. In terms of the App store that's like writing another FlappyBird." this would have been true if the selected developers didn't need to work for a year and get paid for it!!! you can calculate it by ($100k - $marketRate )/ year / eight_hour !!!
- brudgers 9y agoI agree. I got carried away ranting about app stores...again. How likely is it that a developer will develop an app in 8 hours with an expected value of $5k/365 or $13.70?
- mars4rp 9y agoEvery developer that spent a year developing an app does so on the hope of $millions. No body create a band to perform in their garage, everybody do so in the hope of being Beatles!
- madamelic 9y agoI wouldn't equate sourcing unpaid closed-source work and typically paid open-source work. I occasionally get paid to work on open-source projects that happen to help my company. Because you know, it's my job.
- chukye 9y ago"If this is their mental model of how work should be done, imagine what it is like inside the company" - exactly!