It sounded good, up until the examples for:
> I'll dedicate a post to specific ways you can identify motivation during hiring, but in short, look for
All will be gamed by interviewees, by the afternoon this hits the HN front page.
(And, for example, tech interview prep has already been telling people to fake passion and curiosity, for many years now.)
Here's what you do:
1. Consider that the early startup also belongs to the early hires. It's their startup too. You're the last-word decider, but it's not only your startup. You want it to also be theirs. Believe this, and act like it.
2. Reflect that in the equity sharing. "0.5%", to be diluted, as options, with ISO rules that discourage exercising at all... while co-founders divide up 70% of founder real shares between themselves... is nonsense, for that founding engineer, who you should want to be as motivated as you, and contributing as much as you do.
3. With equity like you're serious, make the salaries low-ish. Not so low that it's nonviable for modest family cost of living, but low enough to self-select out the people who aren't committed to the company being successful, or who don't actually believe in the company.
4. Have an actually promising company and founding team, or you won't get many experienced people biting.
Buttons840
today at 8:39 AM
I'm quite cynical, but all this sounds fair to me.
Modest compensation with good equity sharing is hard for candidates to game too.
stuartjohnson12
today at 11:13 AM
I think what people miss about indexing on social signals is that convincing social performance is hard. My suspicion when people say things like "ah but if you index on a social signal then everyone will just perform the social signal" are themselves feeling as though they do not naturally signal that thing, and ironically are frustrated by the effort that it takes to appear as though they do.