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> Why would anyone want to work for your startup when they can get much higher salaries working for larger companies? As much as I agree with the "lottery tick
by cddotdotslash 6y ago
> Why would anyone want to work for your startup when they can get much higher salaries working for larger companies?
As much as I agree with the "lottery ticket" mentality, this line of thinking has been popular to parrot on HN for at least 5-10 years. And as far as I'm aware, startups don't have much trouble attracting senior talent. So until that changes significantly, they are going to continue offering lower salaries and bigger lottery tickets for as long as they can. Why would they do otherwise?
- hn_throwaway_99 6y ago> And as far as I'm aware, startups don't have much trouble attracting senior talent That seems like a pretty broad assessment to make on a hunch.
- cddotdotslash 6y agoAdmittedly I'm just speaking from conversations within my own network, but if hiring this kind of talent was significantly difficult then I'd expect to see broad, industry-level changes to how startup compensation was done. Companies can't survive if they can't hire people, and yet the same ISO practices remain aside from a few recent trend setters. So it seems most of the eligible candidate pool is still accepting this form of compensation.
- deleted 6y ago[deleted]