The irony: while you're waiting 4 months for the perfect engineer, your competitor shipped with a good-enough one who's now senior-level from the experience.
That's definitely a valuable take, but it's worth noting that not everyone will make better decisions just by sitting through enough fires, and it's also possible that your good enough person will fail to notice some larger risk or market shift that the person you could've waited for would have, because they'd have seen it before.
Hiring decisions tend to be a hindsight is 20/20 proposition.
Exactly - you never know either way. You hire the senior, might be useless. You hire the mid-level, might be great. At least with the faster hire you're making progress while finding out.
Fair point about 4 months, I was thinking longer term there. But the original post was about finding the 'best' engineers, not necessarily senior ones. Either way, you can't know what's best for your situation until they're actually working.
"best" engineers vs "senior" engineers is a valid point. I think a lot of my comments on this thread are of the mode of "best engineer" should also be thought of as "best engineer for this environment / culture." I tend to stay away from people who say things like "top talent" and "10x engineer" and (worst yet) "Unicorn." You can't really make a judgement about an engineer without describing the environment they'll live in.
And also... maybe more importantly... there's a saying (almost a joke) in the military: "You don't go to war with the forces you want, you go to war with the forces you have." (or maybe it was "people" instead of "forces" and no doubt the Air Force replaces "forces" with "very expensive weapon system manufactured by lowest-bid contractors by people who happen to live in districts represented by members of the congressional armed forces committee.") And that might be what we're getting at here.
While it would be great to get the absolute best engineer at day one, it's more likely you're going to get an engineer that requires a fair bit of training and in-the-trenches experience.
Great point about environment fit. I've seen a wonderkid with amazing potential but no drive, and a solid engineer who maximized their potential through pure effort. Hard to say which was more valuable - depends on what the team needed.
Hiring decisions tend to be a hindsight is 20/20 proposition.