My philosophy is if you think they're wrong and you don't need those people, then they have poor judgement, and you're better off not working with them in that case, and in fact could beat them by pursuing similar goals while not using that strategy.
And if they're right, well then what's there to be upset about?
I believe that there are startups that need special engineering skills. The 40-for-founders-40-for-VCs-20-for-employees math don't incentivize those, though. Which is a shame.
At the turn of the century, a new crop of VCs with founder-friendly terms came about. The industry benefited from it. Many startups that would not have otherwise been founded, were successful.
I am hoping that the market will eventually bring about VCs and founders with employee-friendly terms.
Me commenting here is towards that goal. You have a right to disagree with me, but why argue that I should not be making this point?
mavelikara|3 years ago
I was offering it as an explanation.
I believe that there are startups that need special engineering skills. The 40-for-founders-40-for-VCs-20-for-employees math don't incentivize those, though. Which is a shame.
At the turn of the century, a new crop of VCs with founder-friendly terms came about. The industry benefited from it. Many startups that would not have otherwise been founded, were successful.
I am hoping that the market will eventually bring about VCs and founders with employee-friendly terms.
Me commenting here is towards that goal. You have a right to disagree with me, but why argue that I should not be making this point?