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"I bet it's going to have an unintended consequence of increasing the social difference between founders and employees." I bet it exacerbates the current probl
by niggler 14y ago
"I bet it's going to have an unintended consequence of increasing the social difference between founders and employees."
I bet it exacerbates the current problem of too many startups fighting for too few competent people. There's no surprise here that working for a startup is usually a raw deal (worst of both worlds).
I wonder if the lessons of 1999-2001 were forgotten. Makes sense, given that it's been more than a decade.
- coolsunglasses 14y agoThey weren't forgotten, that's why it's so hard to hire.
- niggler 14y ago"They weren't forgotten, that's why it's so hard to hire." The labor force remembers, but the startups seemed to have forgotten
- munificent 14y agoThat's because many of the people founding these startups were in elementary school when it happened.
- epoxyhockey 14y agoThey weren't forgotten, True. I live in San Fran and would be much happier engineering for Wells Fargo than any startup (from a total-compensation viewpoint). that's why it's so hard to hire. This is probably more of an issue where the salary offered needs to match the risk of the job. There was an HN discussion some time ago about how wall street workers have to sign stiff non-compete agreements, but they get a substantial golden parachute if they are ever laid off.
- wiw 14y agoUnrelated, care to share your contact information? wiw@webinwork.com
- coolsunglasses 14y agoI sent you an email.
- wiw 14y agoThank you.
- xradionut 14y agoWorked for three start ups in the Web 1.0 days. Silly hours and silly promises of shares... Never again.