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If you are paying $1.5M joining bonuses then "I'm in" - if not, then why would anyone pay more than you intend to? It is possible for a bleeding edge start-up
by bdfh42 16y ago
If you are paying $1.5M joining bonuses then "I'm in" - if not, then why would anyone pay more than you intend to?
It is possible for a bleeding edge start-up to include a couple of high value engineers but most of them will just be good engineers (if you are lucky) and some will be less than good.
- cperciva 16y agowhy would anyone pay more than you intend to? Some people may think that working at a startup for a few years and gaining experience building stuff people increases a developer's value. The better question is why, in light of the 13th amendment to the US constitution, talent acquisitions exist at all: Why buy a company if you can instead just hire its developers directly?
- wh-uws 16y agobecause depending on the developers they might believe in their startup enough to stick with it unless you offer them enough to come to you.
- gallerytungsten 16y agoBecause you're buying the team, not hiring a series of unconnected individuals.