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Startup Recruitment for Founders

66 pointsby mirajalmost 8 years ago

7 comments

throwaway2016aalmost 8 years ago
I find it interesting if not a little disconcerting that the equity table has the startup hiring a COO at 2% - 5% equity but no CTO and the closest it has listed is &quot;Lead Engineer&quot; at 0.5% - 1%. I suppose there could be a VP of engineering under that chart since it doesn&#x27;t specify what type of VP.<p>This article seems to be propagating the myth that engineers need MBA types more than they need engineers.<p>The article also advocates heavy contracting.<p>Speaking from experience, if you are contracting out most of your software engineering and don&#x27;t have a CTO type role who knows what good code is and knows how to manage the contractors, you are in for a really bad time when you do decide to bring on full time software engineers. You risk overpaying and risk having completely unmaintainable code that doesn&#x27;t scale with your business.<p>Conversely, much of what a COO does can be done by the CEO at early stages.<p>Of course, no two startups are the same. In fact, a bad CTO can be more damaging that not having any. Which is why it is important you screen your hires well. However, your milage may vary.
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ryandrakealmost 8 years ago
A curious bit:<p>&gt; Rookies: Won’t always request equity, Experienced: More likely to request equity<p>Is this really true? I would think it&#x27;s the opposite--the rookie has not yet felt the sting of swapping salary for worthless equity and would be more likely to value equity higher, whereas the veteran will know better...<p>The whole section on equity convinces me that I&#x27;m not joining a start-up any time soon. 1-3% for hires 1-5? Fractional percentages for everyone else? What a joke. That&#x27;s what passes for early-stage equity? These are the people who are literally building your company. People seem to be falling for it though, and start-ups seem to have no trouble hiring, so who am I to argue?
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spajusalmost 8 years ago
&gt; Ask them if they’d like to have a quick phone call<p>And that&#x27;s how you fail to get introverted people interested. I&#x27;d have to be deaperatelly pissed off at my current position to want to voice chat about &quot;great new opportunity&quot; without getting all the details in writing first...
escherizealmost 8 years ago
A wise move to write a guide like this as content marketing. The key market for rocketshp appears to be early stage founders. This is a problem faced by that segment for sure.
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a13nalmost 8 years ago
Typo in the first sentence...<p>&gt; Has your startup has reached the point where you need to make your first hire?
it_learnsesalmost 8 years ago
is there a guide on how to hire reliable contractors if you&#x27;re too busy currently to work on your saas product?
modahepsialmost 8 years ago
İnteresting