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	<title>Comments on: Hiring for Startups: A few tips to note</title>
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		<title>By: jay williams</title>
		<link>http://nandini.madhouse.in/hiring-for-startups-a-few-tips-to-note/comment-page-1/#comment-865</link>
		<dc:creator>jay williams</dc:creator>
		<pubDate>Mon, 18 Jan 2010 19:35:20 +0000</pubDate>
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		<description>looks like he wasnt a wrong hire 

&quot;
perhaps , it was not his attitude and rather lack of incentives that drove him out of the startup. I had hired a similar kid out of college who I tried to pay next to nothing . He accepted at his junior level , that the salary was fair and began working. He also asked about equity but I laughed at him , I had somehow managed to retain 95% of the startups equity by paying the rest of the team salaries. Soon he realized though , that he was almost working for free with no incentives helping build my company ( he never once complained about the occasional grunt work , only did he mention something while I decided to enforce his one month leaving policy ). He was obviously smarter and better acquainted with startup norms compared to rest of the team , who sat quietly getting measly salaries without any equity.

So I don’t know why you were “speechless” , he wanted to work in areas that he was not experienced in , so in the process , he could build his skills and at the same time help my company. Additionally I must mention , I stifled him from access to the company servers , databases and critical areas . Every time he would implement something he would have to wait , for one for my overworked team to implement the requests.

Hence I reached the realization , that he was of a different breed , one that I could not exploit , for my grunt work + other “cool” and “good” stuff that he could boast to his college friends about. I let him go and we parted on the good note. I realized that one day his company could be bigger than mine and he will be a great contact to have. &quot;</description>
		<content:encoded><![CDATA[<p>looks like he wasnt a wrong hire </p>
<p>&#8221;<br />
perhaps , it was not his attitude and rather lack of incentives that drove him out of the startup. I had hired a similar kid out of college who I tried to pay next to nothing . He accepted at his junior level , that the salary was fair and began working. He also asked about equity but I laughed at him , I had somehow managed to retain 95% of the startups equity by paying the rest of the team salaries. Soon he realized though , that he was almost working for free with no incentives helping build my company ( he never once complained about the occasional grunt work , only did he mention something while I decided to enforce his one month leaving policy ). He was obviously smarter and better acquainted with startup norms compared to rest of the team , who sat quietly getting measly salaries without any equity.</p>
<p>So I don’t know why you were “speechless” , he wanted to work in areas that he was not experienced in , so in the process , he could build his skills and at the same time help my company. Additionally I must mention , I stifled him from access to the company servers , databases and critical areas . Every time he would implement something he would have to wait , for one for my overworked team to implement the requests.</p>
<p>Hence I reached the realization , that he was of a different breed , one that I could not exploit , for my grunt work + other “cool” and “good” stuff that he could boast to his college friends about. I let him go and we parted on the good note. I realized that one day his company could be bigger than mine and he will be a great contact to have. &#8220;</p>
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