Hacker News new | ask | show | jobs
by borski 1074 days ago
> If you're an altruist, prove it. Make less than 200k a year, including stock grants (with appreciation factored in).

I did, with the exception of when the sale happened. For the first three years, I paid myself $30k. For the next two, $50k. For the next one, $70k. For the next one, $90k. Only in the last two years did I pay myself $160k.

When we sold, I gave up over half my RSUs and distributed them across the engineering team. I tried to give them all up (because I was well covered by the cash portion of the sale) but the acquirer wouldn't let me, since they wanted me to be incentivized to stay.

My cofounder gave up none of hers, despite being equal partners with me.

I suspect most of my team would work for me again, whereas the same is definitely not true of my cofounder.

Being cutthroat works short-term, and you may win big. But you get one shot at that, usually, with only a few "star-studded" exceptions (Adam Neumann, for example).

Being "altruistic" (which is not the word I'd use; I'd use "a decent human being who understands how negotiation works and what a BATNA is") works long-term.