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Comment by foldr | Hacker News Reader

>I want to find and incentivize people who are willing to own and take responsibility for an area of the business, be trusted to make good decisions, and view it as their responsibility to improve their areas drastically, more than the typical 9-5.

>$40k (USD)

I would say that if you can't afford to hire good people, just don't hire anyone.

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Oh my mistake for lack of clarity, the specific program I am referring to in the UK has a mandated starting/1st year salary of $40K USD for high performing Oxbridge grads who understand startups. I'd gladly pay more.

I am open to paying anything up to $300k for key hires. However, the crux of my question is, what approach should I take, and what city should I take it in?

The average graduate starting salary in the UK (across all disciplines and universities) is around $30k USD. So I wouldn't kid yourself that you're going to get anyone especially exceptional for $40k. That's actually slightly less than the average starting salary for an Oxford graduate.

I appreciate the broader aspect of the question but I think that part is a bit unanswerable ("how should I hire people?")

That's a solid point, maybe it's probably worth finding folk on my own rather than leveraging programs like that one. Thank you!

I suppose a better distillation of my question is: @HN, if you had a blank canvas and the budget to build an A-player team, no geographic constraints, how would you do it? Where would you do it? Remote, office? Any other advice?

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