Let me translate this: We can't compete with Google or Facebook on salary. -> We cannot raise money enough of capital from smart people with money but we think

Let me translate this: We can't compete with Google or Facebook on salary. -> We cannot raise money enough of capital from smart people with money but we think you are stupid to join us (otherwise you will be one of "smart people with money"). We can't compete with being a founder on equity -> We want to be rich ... that is pretty much the only reason why we are doing this. So the most important thing I have left is my ability to commit to an individual employee's personal development -> You will work min 70 hours a week.