"There really aren't that many jobs out there, so you can get a decent programmer who'll take the pay cut just to have a job." Taking a pay cut is one thing, w

"There really aren't that many jobs out there, so you can get a decent programmer who'll take the pay cut just to have a job." Taking a pay cut is one thing, working for free (just equity) is something else entirely. Not sure if the current situation gives you any kind of an advantage to recruit people for equity only compensation. (If I understand the top post correctly).