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I had one recently who revealed half an hour into the interview that there was “no cash compensation for the role”. Sure would’ve liked to see that written in t
by tuvnah-kukmok 3y ago
I had one recently who revealed half an hour into the interview that there was “no cash compensation for the role”. Sure would’ve liked to see that written in the post.
- WhosGhostin 3y ago> who revealed half an hour into the interview that there was “no cash compensation for the role” This is actually a question on itself - HN afterall is a place for startups and "true" startups in the extremely early stages have little to no cash - what if they wanted a tech cofounder and gave you equal equity? Or was it the case that you did need cash and wasn't in a situation to work off pure equity for a while?
- tommiegannert 3y ago"Who's hiring" usually implies becoming an employee, and employees are paid salary, even if combined with a promise of more. IIRC, there are separate posts for founders.
- WhosGhostin 3y ago> IIRC, there are separate posts for founders I wasn't aware! I searched a bit and didn't find one - would you mind sharing posts for founders please?
- tommiegannert 3y agoMy bad, it was a few one-offs. Latest in July 2021: https://news.ycombinator.com/item?id=27748680 https://news.ycombinator.com/item?id=27748680
- WhosGhostin 3y ago> My bad, it was a few one-offs Thanks! Wil keep an eye out for these in the future. I didn't even know this was a thing
- temporarely 3y ago> what if they wanted a tech cofounder and gave you equal equity? If you are looking for co-founders you state that upfront. It is basically asking for free work.
- ensignavenger 3y agoSimply putting that in the post "seeking equity-only co-founder" or similar would probably be fine.
- WhosGhostin 3y ago> I had one recently who revealed half an hour into the interview that there was “no cash compensation for the role”. Sure would’ve liked to see that written in the post. You also made me think how first technical cofounders hedge against being taken for a ride even if they agree to no cash compensation for the role https://news.ycombinator.com/item?id=39887642 https://news.ycombinator.com/item?id=39887642