sasquatch69

8 ms·

1.
by sasquatch69 4y ago
large employee pay is driven significantly by revenue per employee + margins (or significant money pumped into it for whatever other reason, ie crypto at least some time ago) imo. FANG, VC-backed startups, and fintech have them, there are o
2.
by sasquatch69 4y ago
My company would widely be considered as stable, I'm personally 100% long term on our company. So it's past the "great news for our roadmap and long term path to profitability or further investment" phase. Although we&#x
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by sasquatch69 4y ago
If you can't think of a level of transparency that was a hindrance to the company, then the company is not fully transparent. No company has ever had 100% smooth sailing.
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by sasquatch69 4y ago
They don't frame it as “hey man, I noticed you guys have more than the bare minimum level of working capital in the bank! How about you give me some?” It's a "coincidence" that occurs a short time period after seeing the
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by sasquatch69 4y ago
My team is all well compensated, above top 5 US metro average, full remote and all highly technical. It's surprising to me that out of 100 people no one asked for a raise after seeing a pool of money, although there's a lot of ind
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by sasquatch69 4y ago
The response trend seems to be based on personal experience rather than MBA/career manager. I'm neither an MBA nor a career manager (started biz out of college with $300, 5 years lowest paid employee, few mil run rate now, no inve
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by sasquatch69 4y ago
There's two categories of responses on this page: 1. people who have never ran a business and been fully transparent 2. people who've done it and recommend selective transparency because of the consequences haha
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by sasquatch69 4y ago
If you have cash and you're transparent, your employees are likely to ask for it if you have a personal relationship with them. I would say this is frequently even the case for big picture employees. I'm saying this also as the lo
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by sasquatch69 5y ago
Fair warning: this response is an advertisement for ycombinator
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by sasquatch69 5y ago
10x to 100x less likely but still a distinct possibility you kill someone that would've lived if they weren't inoculated with a live virus. That's messed up by itself, but also cases like that would likely discourage the peop
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by sasquatch69 5y ago
you go tax free after 5 years of ownership for up to 10 or 50 million or something. so you can ball out as a young person (without paying taxes)