4 ms·
That's a joke right? You have your employees bid on either getting paid or taking equity every month?
by djb_hackernews 15y ago
That's a joke right?
You have your employees bid on either getting paid or taking equity every month?
- brador 15y agoIt's a one time negotiation at founding. It's not like we run it every month. Also, it's founders, never employees. Employees get cash+bonus, never equity.
- mjwalshe 15y agoRealy good luck getting any one good to work for you after going public like this.
- brador 15y agoNot sure why you have the veiled threat in there, but we're not exactly hurting for talent right now and the staff we do have are more than happy with the arrangement.
- bri3d 15y agoI don't know why this would prevent people from working for them. I'd see such a complicated scheme to split compensation amongst founders as perhaps a slight minus , but I know plenty of people who want to work for cash+bonus. I'd much rather get a competitive (with real businesses, not Valley startups), sizable cash bonus than equity in almost any startup.