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hekfu | 7 years ago

> If I didn't know any better, I'd say it sounds like you're searching for people with passion so you can get them to work unpaid overtime for you. I don't know why else it would matter.

Ding ding ding. Also in this category

* We still shitcorp want the company to be a family * Believing in our vision * Want our employees to be caring about the customer * Have fun and pizza in the office

Unless

a) there are hard cash+ benefits b) there is equity c) there exists a formal incentive structure reaffirming the officially started desires

It's all consciously or subconsciously a way to sucker people in and exploit them without pay. And some people go in knowing that and not caring they get exploited (nurses, some people better than me I know), some don't notice (mostly junior devs/consultants). But for both exploited they get

discuss

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mmirate|7 years ago

> equity

AFAICT equity is a lottery-ticket at best, and is usually bubkes.

What novel information do you have about equity?

hekfu|7 years ago

Two cases:

1. I'm talking about equity, not options. Aka, part of the company is yours. With voting rights, or in the case of e.g. Google, at least worth cash 2. In a startup, it is a lottery ticket. If the company is public, you can include it in compensation as there is a market value

If the company actually gives you a meaning number of shares, they can expect you to care about the company beyond the paycheck... because it's your company. If they are Google and the stock is a way to chain you via vesting...at least it's golden chains