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cdixon.org
cdixon.org
They took a supply of MIT programmers who weren't in demand and leveraged it. I think this is a huge take away for startups trying to get attention online. Imagine you post your startup related to food (http://www.housefed.com) on HN. No big deal; another will be along later.
However, imagine you post a food startup to a foodies forum! Bam, you have a huge demand of interest and limited supply of technology improving food. You've just found where you are in more demand and you can provide the supply side.
1. They didn't have a degree. Technically, they weren't MIT programmers at the time.
2. They didn't have 10+ years of experience with Java. Good programmers are often confused with experienced programmers.
I still think my point still stands though, go find out where your supply (start up opportunity, applying new technology to niche community) is disproportionately in demand.
These people always had the option of graduating and finding another job. Instead, they chose to work for this startup (and dropout I suppose). I don't think they 'settled' for Siteadvisor because of lack of job opportunity.
But then wasn't it Twain who said, "In the future 80 percent of all quotations will be attributed to Mark Twain"?
Networking is definitely a big thing, and being in the right place at the right time. I liked the idea, and it allowed me to do what I love most, work on back-end high availability systems.