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> That's true, but the market prices that kind of risk, and the market cares a lot about substitutes, and the typical developer taking basis points for their pa
by mentat 12y ago
> That's true, but the market prices that kind of risk, and the market cares a lot about substitutes, and the typical developer taking basis points for their participation is eminently replaceable by other developers.
If all you're hiring with your first employees are replaceable people, you're doing it wrong and will probably fail. Those people not only have to work long hours, they have to work them well. It's like the APM curve at the beginning of a RTS. You never make up those time and behind-ness just piles up.
- shams93 12y agoWith equity in the long run an engineering career looks a lot more like prison or slavery, you are taking all the risk and most often if there's a hiccup you have to live with not getting paid
- tptacek 12y agoThis is one of those things that sounds true but I think probably isn't. Business isn't an RTS, and most startups aren't really in an APM race.