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I don't know.. should car driver, or cleaner, or repair man get the same equity as founders or top managers? Does work as software developer really different fr

by deely3 3y ago

I don't know.. should car driver, or cleaner, or repair man get the same equity as founders or top managers? Does work as software developer really different from maintenance and repair guy that (sadly) easy replacable?

satvikpendem 3y ago
You get what you negotiate. That's why actors and writers have been getting royalties and residuals on their works for decades now. Only now with the rise of streaming platforms and AI content generation are they being forced to accept weaker terms.
- deely3 3y ago
  Sure. Do you agree that software developers become modern repairman?
  - liquidpele 3y ago
    Depends on the project doesn’t it? Website building is pretty much commodity now, but even taking one step forward and designing scalable public APIs its going to require a different caliber developer.
quelltext 3y ago
If you think that an engineer is replaceable, why isn't the rest of the early employees? Or do you mean that only founders should get any equity? I'm not quite sure what your comparison does. If you build a company fundamentally built on the work of good drivers or cleaners, yeah perhaps you should give them equity. If you just contract that work out once in a while for a company that doesn't have these jobs at its core, then probably don't. But also, most drivers, cleaners, and (to a lesser degree) repairman can be more easily replaced. The former two in particular don't require any special skills normal people don't already have to possess. And where skills come into play, we're still not looking at 4+ years of college required type of skills. Hence, there's not as much supply of engineers as there is for repairmen. And the roles you describe do not fundamentally create anything. Engineers, in particular early engineers in a startup actually design, construct, operate, and maintain 80% of what is actually generating value. Other roles supporting them also deserve a piece of the pie but questioning why engineers should get equity at all and someone having an idea and the funds to kickstart a company should get all seems odd.

by deely3 3y ago

satvikpendem 3y ago

You get what you negotiate. That's why actors and writers have been getting royalties and residuals on their works for decades now. Only now with the rise of streaming platforms and AI content generation are they being forced to accept weaker terms.

deely3 3y ago
Sure. Do you agree that software developers become modern repairman?
- liquidpele 3y ago
  Depends on the project doesn’t it? Website building is pretty much commodity now, but even taking one step forward and designing scalable public APIs its going to require a different caliber developer.

quelltext 3y ago

If you think that an engineer is replaceable, why isn't the rest of the early employees? Or do you mean that only founders should get any equity? I'm not quite sure what your comparison does. If you build a company fundamentally built on the work of good drivers or cleaners, yeah perhaps you should give them equity. If you just contract that work out once in a while for a company that doesn't have these jobs at its core, then probably don't. But also, most drivers, cleaners, and (to a lesser degree) repairman can be more easily replaced. The former two in particular don't require any special skills normal people don't already have to possess. And where skills come into play, we're still not looking at 4+ years of college required type of skills. Hence, there's not as much supply of engineers as there is for repairmen. And the roles you describe do not fundamentally create anything. Engineers, in particular early engineers in a startup actually design, construct, operate, and maintain 80% of what is actually generating value. Other roles supporting them also deserve a piece of the pie but questioning why engineers should get equity at all and someone having an idea and the funds to kickstart a company should get all seems odd.