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If you put it this way, it sounds sensible. But as soon as VC money is involved it gets a bit fishy. Say you assembled a great team of specialists. It cost you
by jakobegger 7y ago
If you put it this way, it sounds sensible. But as soon as VC money is involved it gets a bit fishy.
Say you assembled a great team of specialists. It cost you a lot of effort, time and money to hire all these really great people. Then someone comes along with a wad of cash and convinces a bunch of those people to all quit and work on a secret project. After they come out of stealth mode, it becomes clear they worked on the same thing as they did at Apple, only now Apple has to pay $250 million dollar to get the results of the work of the team that they had put a lot of effort into recruiting in the first place...
- sneak 7y agoIt turns out that you don’t actually own a team in the property rights sense: you didn’t assemble it very well if they all decided to leave. This is the market pricing the work. If someone else came along with a wad of cash and hired them, you weren’t paying them enough.
- sudosysgen 7y agoSee the thing is you didn't do the work, they did. If you can't get anyone to make the tech yourself then that's just how it is. If they decide to make the tech and it is worth 250 million then pay up, or live without it, or try to make an equivalent in house. You don't own your team, you will do whatever is in your best interest and so will they.