[LRUG] [JOBS] Ruby developer for new startup

[Sidu Ponnappa]

I'm curious - have there been no significant startup exits in the UK?
We have a problem with equity in India for this reason - unlike the
valley, you don't routinely run into someone driving an expensive car
that they bought after cashing out their last set of options, so
making money from equity isn't something people take seriously.

Best,
Sidu.
http://c42.in
http://sidu.in


On 10 July 2012 22:27, John Arundel <john at bitfieldconsulting.com> wrote:
> On 10 Jul 2012, at 17:33, Tom Blomfield wrote:
>>
>> Why is the mention of "equity" an issue for you? Or is that tongue-in-cheek?
>
> It was tongue-in-cheek, but there was an excellent discussion on the list last September about equity and whether or not it's a substitute for money, and if so, how much.
>
> http://lists.lrug.org/pipermail/chat-lrug.org/2011-September/006368.html
>
> I don't know the details of the OP's job offer. If it's market rate or more *and* equity, then great. If the equity is to compensate for a low salary, then alarm bells should be ringing. Even a large share of potentially nothing is potentially nothing.
>
> Regards,
> John
> --
> Bitfield Consulting: we make software that makes things work
> http://bitfieldconsulting.com/
>
>
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