Comments on: Reader Q: hiring folks for only equity? http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/ Working hard to improve the signal-to-noise ratio Wed, 07 Jan 2009 11:16:33 +0000 http://wordpress.org/?v=2.2.3 By: Steve Kane http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-424 Steve Kane Thu, 17 Jul 2008 23:44:15 +0000 http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-424 it's a little counterintuitive but in many cases i'd rather pay cahs than equity, particularly in early early days. as founder i am especially working for equity -- and i want as much of it as i can get, not on day one, but on day last -- and on day one, the company' equity is about as cheaply priced as it ever gets. so if its at all possible to pay people cash, its a better deal long term... btw, you have four readers at least (unless you counted me as one of the three) it’s a little counterintuitive but in many cases i’d rather pay cahs than equity, particularly in early early days. as founder i am especially working for equity — and i want as much of it as i can get, not on day one, but on day last — and on day one, the company’ equity is about as cheaply priced as it ever gets. so if its at all possible to pay people cash, its a better deal long term…

btw, you have four readers at least (unless you counted me as one of the three)

]]> By: payne http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-409 payne Tue, 24 Jun 2008 17:20:49 +0000 http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-409 Kiril: thanks for your comment. You suggested a point of clarity: it's hard to get folks to work *full time* for just equity, esp. folks that you haven't already worked with before. Kiril: thanks for your comment.

You suggested a point of clarity: it’s hard to get folks to work *full time* for just equity, esp. folks that you haven’t already worked with before.

]]> By: Kiril Savino http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-408 Kiril Savino Tue, 24 Jun 2008 17:16:06 +0000 http://blog.payne.org/2008/06/24/reader-q-hiring-folks-for-only-equity/#comment-408 I'm working on building up a team doing just this- I have two people devoting at least some of their time to the effort for nothing but equity- and the promise that I'll pay them some day. :) I’m working on building up a team doing just this- I have two people devoting at least some of their time to the effort for nothing but equity- and the promise that I’ll pay them some day. :)

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