203 karma · joined September 30, 2010
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While Los Angeles doesn't stereotypically have good developers, good developers exist here. Demand Media and Google have 300+ people offices here. I suspect the problem is, either MySpace didn't hire good developers/architects, or MySpace hired them but management didn't listen to them.
In regards to top 1% compensation, the true top 1% aren't hireable because they have their own startup companies. The top 1% compensation as has been discussed on HN before goes to domain experts. Lesson learned: become a domain expert.
Yes but what is your growth rate of you / your sector. If revenues are set to double next year, the multiple will be higher.
> the offer is low by about 20%
Don't accept the offer. "We don't go back and forth on it" is equivalent to "We think you are naive and will accept the first offer on the table." Also you are right not to value stock as highly as cash. If the offer is stock, heavily discount it, or refuse the stock and accept cash only.
I had this discussion with a co-worker. While I think you shouldn't have hatred/distaste for your product or solution, I think it's more important that you have passion for helping your customers/clients in a good-for-everyone way. For this reason I'd ideally entrepreneur in the charity sector, because I have a passion for helping charity organizations.
There might be varying shades of grey to this argument. I'm a web application developer, and my co-worker would only pursue building ASP.NET websites related to his passion, music. Less extreme versions would be either building for any platform in any programming language, something music related. Or building ASP.NET web sites/services but not for music. Also varying definitions of "passion".