[HN Gopher] Why do startups hire so many people?
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Why do startups hire so many people?
Author : amerf1
Score : 25 points
Date : 2022-01-28 21:27 UTC (1 days ago)
(HTM) web link (www.quora.com)
(TXT) w3m dump (www.quora.com)
| don-code wrote:
| While I get and agree with the spirit of the answer, there's one
| major piece I take issue with:
|
| > Well, what kinds of people work for 1% of a post-A startup?
| Average people (and below).
|
| The people hired in the A round have no doubt been selected,
| _and_ self-selected a startup, for their ability to work at the
| mentioned 20x force multiplier. A 100-person company (let's call
| that late series B) is running, using the article's own numbers,
| at a 2-4x force multiplier, and a C-or-later startup with 200 or
| more people is running at perhaps even a 1.5x force multiplier.
|
| Yes, there will be individuals who bring the force multiplier up,
| and individuals who bring the force multiplier down, but
| ultimately, the people in the organization are _above_ average if
| the organization's force multiplier is greater than one.
|
| Also considering that founding engineers are sometimes some of
| the first to leave (especially as non-startup culture becomes
| entrenched), we can't as easily argue that the original 20x
| engineers are carrying the (0<n<1)x engineers.
| fouc wrote:
| Seems like the answer mainly boils down to: because of VC funding
| katzgrau wrote:
| As someone who bootstrapped, every now and then I'm happy I
| wasn't smart/convincing/well-networked/on-to-something-hot enough
| to raise a round (lord knows I tried).
|
| Because I had no money, I had to make money and then hire slowly.
| 10 years in and 10 employees later, I know this venture would
| have been over long ago if I landed that lead investor.
| civilized wrote:
| So apparently you weren't forced into hypergrowth by VCs in the
| way this article says you would be? Why not?
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