Actually, I love that. If our company was a little further along and I could afford to hire him I'd make an approach.
I don't think tech is the be-all and end-all of things, it's a tool we use. I prefer to have a techie who is able to feel the tactile quality in the process of bicycle building (bespoke frame-building through to just getting your hands dirty piecing components together) as I'd hope such an eye would course through everything that person did.
If he's a tech guy with 20 years experience, and that eye for a quality build and the aesthetic utility in a bicycle, then I'd be keen to see whether his work reflects it.
Companies go through phases, and the beg, borrow and steal... and poor package and renumeration... is the first phase and we should all seek to get beyond that quickly.
A business should be sustainable. To me that means that the costs of the business should be able to be fully met and not externalised: a good package for good people is part of that. As soon as it's possible to, that should be in place... because if we're not building a sustainable business then what are we doing?