3 ms·
> Hard work 'Replaceable work' you mean? It's far easier to engineer good software than to pick a problem worth solving and actually fund & execute on this ide
by nickpinkston 13y ago
> Hard work
'Replaceable work' you mean? It's far easier to engineer good software than to pick a problem worth solving and actually fund & execute on this idea.
This replaceability is why you get 0.05% - take no risk, come late to the party - your reward will be less.
- mahyarm 13y agoBut many engineers are choosing to do exactly that with their micro-startup idea vs work for that 0.05% equity slice. Start up recruiters have a hard time and have to compete against Google hours & compensation or engineers going into business for themselves. On top of the equity slice can often disappear from a firing whim, since they often expire soon after you stop working for the company. On top of that many employees who leave startup's don't actually buy the options, as the founders of ESO fund found out.