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> Would I really want to miss the opportunity to work for an exciting company over some marginal sum of money? The reply to this seems obvious. Do you really w
by forrestthewoods 6y ago
> Would I really want to miss the opportunity to work for an exciting company over some marginal sum of money?
The reply to this seems obvious. Do you really want to miss the opportunity to hire a strong and promising candidate over some marginal sum of money?
Hiring is HARD. Hiring good engineers is almost impossible.
- csa 6y agoIf a company has a strong history of success and a positive work culture, good engineers will be knocking their doors down. Think 37signals. These places are super rare. Some comments: - I’m not sure about the extent to which this is scalable, especially at a VC-funded startup. - I am not sure if Wealthfront falls into this category.
- forrestthewoods 6y ago> good engineers will be knocking their doors down. If good engineers are knocking their doors down then an army of average, mediocre, and bad engineers are knocking too. Identifying which is which is a notoriously difficult problem. Good engineers are generally employed and happy, or at least satisfied. Changing jobs is an extremely high risk move. How often do good engineers change jobs? Not often. Almost all companies hire heavily through word of mouth. Employee referrals are king. But eventually you exhaust that pool. It's a very hard hump to get over imho.
- xtracto 6y agoBut the market for those good engineers is extremely hot. So other companies will be offering them better compensation. Good engineers are never looking for a job. They are in their job when new better opportunities arise and they decide to move.