That's a cool experiment. It's always neat to see people trying new, weird ways to run a company.<p>That said, I would predict the following:<p>- As the company grows, they have trouble hiring specialists or more senior people, since they're competing with other companies for those people, but without the flexibility to offer a comparable salary. They could solve this by paying their highest-paid person what they're worth, and everyone else the same, but that could be prohibitively expensive.<p>- The need will develop for people who, though valuable, are plentiful (eg, a janitor, but fill in any role here that's generally near the bottom of the pay scale). The decision will be "We'd really like a janitor, but not enough to pay $X", where X is their everyone-salary (which has to be high enough to attract their most valuable people). As such, they'll be hard-pressed to hire roles that aren't really worth that much to them.<p>Of course, you can solve either of those by having more money than you know what to do with. So, if they're wildly profitable, it's a system that'll keep working.<p>That's just my prediction, though. I'd love to see a followup blog post in a few years describing how it went.