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Completely agree. This is the reason I don't hire anyone for my business but partner with other developers I trust and promise part of the revenue. Without pr
by jokethrowaway 4y ago
Completely agree.
This is the reason I don't hire anyone for my business but partner with other developers I trust and promise part of the revenue.
Without promises of passive revenue (30-50% equity), almost no engineer worth their salt would be productive.
I could hire contractors for a project and get shitty code but at that point I'd rather just do it myself.
I've tried hiring multiple times in my startups and little equity is essentially wasted on people, same as market rate salaries.
That's why nothing gets done in mid - big companies. People are not tied to the success of the company and layers of middle management provide a way to hide.