3 ms·

"...though none of the developers were equity holders..." Why?

• kls 12y ago
  Young and inexperienced, at the time of the first wave aka the .com boom, would be the main reason. I did have a little equity in the start-up that we exited to Hotels.com on but honestly I did not know my value or the advantage I hade in negotiations at the time. Knowledge like the stuff shared on HN was locked away and not readily available so each member was going thru start-ups on their own. The second reason would be that after that wave start-ups started to centralize in the Vally so we see a lot less start-up opportunities now. We do have a few guys out in the Vally but they are the younger guys that we have worked with who took the older guys in our groups advices and headed out there while their life situation allowed for it.