Hacker News new | comments | ask | show | jobs | submit login

The interesting phenomenon is that these days you need a lot more "venture labor" in proportion to your "venture capital", so the labor — the founders and early employees — can extract a better deal relative to the capitalists.

It's true that eventually a growing business will take on people who demand nothing more than market-priced salaries, but the people you need to get off the ground won't be satisfied with that.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact