Most people would just learn to code at a boot camp for $828 so they don’t need codeless.
Took you 5 years to get to a concept that finally justified hiring someone to help you grow it? Equity is the only form of compensation you have for all that work, and it might still be worth $0 another 5 years later. In the meantime the ICs are getting paid, are getting benefits, are having a life beyond the company.
The rewards have to be deeply asymmetric for this system to work, otherwise nobody in their right mind would even consider it.
It's wrong because it is NOT uncommon for a founder to take chips off the table sometimes enriching themselves to the tune of millions only for the startup to then "fail" -- either go bankrupt, sell for peanuts, or sell for only a modest multiple.
You're not done until you're done. But founder liquidity has now become a path to getting rich when the outcome of the company is still unknown and up in the air. If venture backed founders don't want that risk, they should start bootstrapped companies.
At a minimum, there should be a cap on it (not % but $), and yes, it should be extended to early employees too.
Is there a way to target individual users or a subset of users?
Looking for something a little different here: I'd like to help an early stage startup hire remote overseas talent and build a stellar dev team.
I'm an experienced engineering leader/early stage CTO who has led software teams of up to 10. I've built a number of products from the ground up. I've hired at least 35-40 engineers in my career thus far, and a number of them from outside the US in the past few years.
Here's how I see myself helping:
- help non technical founders source, vet, and interview developers
- help non technical founders as initial/interim CTO helping the hired team hit their stride and get productive shipping (by setting the right processes and culture)
- act as deputy VP of eng helping the VP of eng with interviews, resume screening, and anything else that helps them with hiring
Resume: https://www.dropbox.com/scl/fi/5flvdmfrxaq8ytipzqthc/Profile...
I previously led a team of 10 at a notable company to re-build its platform entirely. More recently, I've been leading a small team at a Series B startup in a fractional eng lead capacity. I have worked with engineers from diverse cultures and countries (I'm an immigrant myself) and know how to relate to and vet them.
React out if this interests you. I'm open to other interesting freelance consulting opportunities as well.
Email in my bio.
If my sales/marketing game was stronger, I could probably be doing $750k/yr as one guy. Unsure if this is just the market- things definitely tightened up over the past 3-4 months.