2 ms·
This is a disastrously stupid idea. How are you going to attract talent after a few years when inevitably the people who were willing to join a start-up early t
by mlthoughts2018 7y ago
This is a disastrously stupid idea. How are you going to attract talent after a few years when inevitably the people who were willing to join a start-up early to treat it as an experiment / fun project have engineered you into catastrophe & you have to hire people who expect real compensation and provide professional quality work outputs?
The people who join a start-up early are rarely the people who make it successful, scalable or growable. In fact, the early people are often to blame for terrible decisions that could have been avoided by paying real compensation to people with greater skill.
Person A might work at a company for 1 year and meritocratically accomplish more than Person B who has been in the same job for 5 years. Person A’s contributions might immediately be vastly more vital to the company. This happens all the time.
This is all to say nothing of how tenure will become an issue of political favorites, luck of the draw regarding layoffs or project assignments, etc.