[HN Gopher] Oxide's compensation model: how is it going?
       ___________________________________________________________________
        
       Oxide's compensation model: how is it going?
        
       Author : steveklabnik
       Score  : 115 points
       Date   : 2025-05-01 19:46 UTC (3 hours ago)
        
 (HTM) web link (oxide.computer)
 (TXT) w3m dump (oxide.computer)
        
       | endianswap wrote:
       | Wish they would've gone into more detail about the sales
       | exemption - it seems to undermine many of the other points on the
       | page...
        
         | bcantrill wrote:
         | Happy to go into it in more detail, but the salient points are
         | in the piece: sales folks are eligible to make more -- but can
         | also make less. This is in keeping with the way enterprise
         | sales is done more or less everywhere: sales is different from
         | every other company activity in that it _is_ very quantifiable.
         | I don 't think that there's a whole lot more to say about it?
        
           | Arnt wrote:
           | Do you to to quantify promises they make?
           | 
           | Sometimes salespeople boost their metrics by promising
           | features that come from other people's work. But they also
           | sometimes provide valuable information on what people are
           | willing to pay for (very different from what they say the
           | want).
        
             | bcantrill wrote:
             | One important detail: their comp model is different -- but
             | the hiring model is the same. And that has yielded a
             | _deeply_ thoughtful and customer-centric sales team. We are
             | very mindful of go-to-market anti-patterns![0]
             | 
             | [0] https://softwaremisadventures.com/p/uncrating-the-
             | oxide-rack...
        
           | theoryofx wrote:
           | "this is in keeping with the way enterprise sales is done
           | more or less everywhere..."
           | 
           | For non-sales roles you're doing things very differently than
           | (most) everywhere else, which is why it seems like a
           | compromise to give in to an 'industry standard' model for
           | enterprise sales.
           | 
           | The fact that sales is quantifiable doesn't explain why sales
           | people get instantly rewarded with cash comp (+ equity) while
           | everyone else on the team might wait years for a potential
           | liquidity event.
           | 
           | The real explanation for why sales people get paid so well is
           | that some really good sales people sold the idea of a highly
           | favorable 'industry standard' model for enterprise sales.
        
             | bcantrill wrote:
             | Do not walk by their lower base! Sales people _can_ make
             | more -- but they won 't unless they crush their number.
        
             | lbotos wrote:
             | > why sales people get instantly rewarded with cash comp
             | while everyone else on the team might wait years for a
             | potential liquidity event.
             | 
             | Because sales people also do not make money if they don't
             | sell?
             | 
             | What's your counter proposal on how they should pay and
             | attract top sales folks?
             | 
             | I know some sales folks who would love to have $200k base
             | with no variable component: The bad ones.
             | 
             | Every salesperson that I've ever worked with that was worth
             | their salt was worth the commission they made.
        
               | ec109685 wrote:
               | You _could_ say the same thing about paying everyone a
               | flat salary that you attract the middling ones.
               | 
               | And no way all salespeople are worth all the commission
               | they are paid as all times.
               | 
               | You think the quality of Anthropic's salespeople had much
               | to do with them crushing their numbers as Claude
               | exploded?
               | 
               | Even the most incompetent salesperson could sell their
               | service if it's currently the best model out there.
               | 
               | While that should increase everyone's equity, it's dumb
               | that non-salespeople can't participate in that abundance.
        
               | lbotos wrote:
               | > You could say the same thing about paying everyone a
               | flat salary that you attract the middling ones.
               | 
               | This depends on where your flat salary lands right? 200k
               | base pay for remote is a very good salary for most of
               | America.
               | 
               | The hiring process will weed out the middling ones.
               | 
               | > You think the quality of Anthropic's salespeople had
               | much to do with them crushing their numbers as Claude
               | exploded?
               | 
               | You are right -- a rising tide raises all ships.
               | 
               | > it's dumb that non-salespeople can't participate in
               | that abundance.
               | 
               | I think most people can't stomach the risk of the
               | variability. Or else they'd become sales people :D
        
             | jasode wrote:
             | _> The real explanation for why sales people get paid so
             | well is that some really good sales people sold the idea of
             | a highly favorable 'industry standard' model for enterprise
             | sales._
             | 
             | Is there a notable company with enterprise sales that's
             | successful without sales commissions?
             | 
             | Companies in the past have tried a "flat salary no
             | commissions" comp structure for salespeople before and it
             | doesn't work even though intuition seems to tells us that
             | it should. The thinking goes something like... _" If
             | salespeople are paid a good salary and therefore aren't
             | under any pressure to meet any quotas to earn a high
             | income, that mental freedom should allow them to sell."_
             | 
             | What actually happens is that fixed salaries for sales
             | positions attracts underperformers who can't sell and
             | simultaneously, makes the job not attractive to
             | "rainmakers" who know they're worth more than the fixed
             | salary.
             | 
             | E.g. Pluralsight made the news in 2014 for not paying
             | commissions to salespeople with a list of intuitive-
             | sounding reasons: https://www.inc.com/aaron-skonnard/why-
             | sales-commissions-don...
             | 
             | ... But 2 years after that story, they changed their policy
             | and had to pay sales commissions again. They eventually
             | learned what previous companies already figured out:
             | _variable pay for salespeople works the best_.
        
               | theoryofx wrote:
               | Yeah no doubt you have to have performance based
               | compensation but that's exactly what equity and bonuses
               | are for everyone else. Sales people are special in
               | getting large amounts of cash comp in addition to equity.
        
               | jasode wrote:
               | _> Sales people are special in getting large amounts of
               | cash comp_
               | 
               | Not sure what you mean by "getting large amounts of cash
               | comp" as if it was a given. Co-founder clarified their
               | _base pay is lower_. If they don 't sell, they won't get
               | large amounts of cash comp.
               | 
               | What's the alternative idea you have in mind for
               | compensation? How does one re-divide the pie to be more
               | "egalitarian" to the fixed-salary $200k non-sales
               | employees that doesn't lower the compensation to
               | salespeople and make the job less attractive to
               | rainmakers?
        
               | theoryofx wrote:
               | Sales people that don't sell just get fired, that's the
               | thing about being such a quantifiable role. So in
               | practice at a startup with a hot product you end up with
               | a team of sales people receiving huge amounts of cash
               | comp.
               | 
               | Everyone in in a well run startup org gets performance
               | based compensation in the form of increases in salary,
               | bonus, and equity.
               | 
               | There's no reason sales people couldn't be compensated in
               | the same way. The reason they're not is just that it's
               | considered an 'industry standard' to reward instantly
               | with cash.
               | 
               | Sales people have themselves a sweet deal they're loath
               | to give it up whether or not it's in the best long-term
               | interests of the company or even themselves. It's not a
               | terrible thing but it does seem an anachronism that will
               | go away.
        
           | zem wrote:
           | do sales folks have the option to take the flat salary
           | instead? or is that seen as a lack of confidence in their
           | abilities?
        
         | steveklabnik wrote:
         | I forget the details, but the rough shape of it is that sales
         | makes a lower base salary, but with a commission component that
         | can lead to a higher salary than the standard one. I can't
         | remember if there's also some sort of cap.
         | 
         | You could take it as undermining those other points, but I
         | don't. (I am, of course, biased.) We didn't do this because we
         | needed to address some failing of these other things, we did it
         | because sales has an incredibly strong culture of this
         | compensation model, to the degree that it would be difficult to
         | hire otherwise. That isn't an issue with other staff.
         | 
         | Additionally, some of the points don't work the same way with
         | sales, that is, the variability is easily measured and
         | objective. Sales people don't write promo packets, you count up
         | the amount they sold.
        
           | halestock wrote:
           | In practice, what % of the salespeople make a higher base
           | salary?
        
             | steveklabnik wrote:
             | I don't personally know. We also only started hiring for
             | these roles very recently, so I don't think it would really
             | even be representative yet.
        
           | neilv wrote:
           | > _we did it because sales has an incredibly strong culture
           | of this compensation model, to the degree that it would be
           | difficult to hire otherwise. That isn 't an issue with other
           | staff._
           | 
           | SF Bay Area SWEs are famously compensation-focused, and this
           | uniform salary is basically Google new-grad SWE entry-level
           | TC.
           | 
           | Are you hiring from the minority of good engineers who _aren
           | 't_ driven primarily by compensation, but you just can't find
           | the analog of that among good salespeople?
           | 
           | > _Sales people don 't write promo packets, you count up the
           | amount they sold._
           | 
           | And you manage the imperfect alignment? (Imperfect, like the
           | incentive to close a sale by lying to a customer, in a way
           | that won't be discovered until next year. Or incentive to
           | close a sale now, and don't communicate back a customer
           | insight that would nudge the product line in a better
           | direction longer-term, since that insight risks someone at
           | the company wanting to talk to the customer, which puts the
           | imminent commission at risk.)
        
             | steveklabnik wrote:
             | > SF Bay Area SWEs are famously compensation-focused,
             | 
             | We don't hire only SF Bar Area SWEs. Only about a quarter
             | of the company is in the Bay Area.
             | 
             | > but you just can't find the analog of that among good
             | salespeople?
             | 
             | I'm not sure I've ever met an equivalent salesperson. Maybe
             | that's a personal thing. Given the other responses in this
             | thread, it seems to be fairly universal.
             | 
             | > And you manage the imperfect alignment?
             | 
             | No measure is perfect, that's true.
        
         | skadamat wrote:
         | Honestly it makes sense and resembles how other companies pay
         | sales people. Lower base salary than other roles in the company
         | for similar years of experience (roughly) but with a commission
         | component that's some percentage of each sale. Commission is a
         | big big part of sales culture that I suspect is hard to
         | eliminate in an effort to be different.
         | 
         | What's interesting is that often times the commission has no
         | cap, so top sales people can take home higher income than even
         | than executives (at least in cash compensation).
         | 
         | But to the commenter's point, true transparency would share the
         | commission % as well :)
        
         | tptacek wrote:
         | Especially if you're doing account manager-type high-touch
         | sales, which I assume Oxide is given its product, it would be
         | difficult to hire strong sales people at all without variable
         | compensation. It's best to think of sales as an entirely
         | different kind of animal as the rest of the company. Like the
         | post says, when they're making lots of money, everybody else is
         | making even more money.
         | 
         | One thing people who have never managed direct sales teams
         | might not immediately grok is: good sales people are _experts_
         | at gaming incentive schemes. Their work and output adapts to
         | their comp schemes in ways nobody else 's does. If you cap a
         | salesperson's comp in a quarter, they will work to move sales
         | out of that quarter; exactly what you don't want.
        
           | OJFord wrote:
           | > One thing people who have never managed direct sales teams
           | might not immediately grok is: good sales people are experts
           | at gaming incentive schemes.
           | 
           | Is that just circular though? i.e. I think everyone's like
           | that, it's just unusual that it's tied directly to
           | compensation. e.g. if I feel that my Jira output is being
           | critically monitored, I might push something (or the
           | reporting of something) into the next sprint if it's close
           | and I've already done a lot in this one; I might more
           | diligently create tickets for every little incidental thing
           | that popped up (rather than just quietly getting it done).
           | 
           | I'm not comp'd according to that, but it's the same
           | behaviour, it's just 'a measure becoming a target' really
           | isn't it?
        
         | boulos wrote:
         | As others have said, the sales compensation model is
         | fundamentally a low base and then a percentage of the sale. I
         | think Ben Horowitz had an early blog post about not trying to
         | innovate on sales compensation models, and having seen a few
         | attempts at "innovation" at Google Cloud, I agree. It's almost
         | _never_ worth the complexity.
         | 
         | You can figure out various sliding scales, maybe even caps (but
         | adjusting the scale is more rational), but I think flat pay is
         | basically anathema to being a salesperson.
         | 
         | Edit: found it, though it isn't from as long ago as I
         | remembered. https://a16z.com/why-must-you-pay-sales-people-
         | commissions/
        
       | jszymborski wrote:
       | I wonder why not just make it an employee-owned cooperative at
       | that point?
       | 
       | I understand there are funding considerations, and founders won't
       | get the lion share, but it fits the stated values better.
        
         | setheron wrote:
         | Good point.
         | 
         | The other aspect that I didn't buy too much was the original
         | blog entry claims the salary is enough since the founders
         | themselves have kids and are living in San Francisco.
         | 
         | They are coming from a point of economic safety from prior
         | successful ventures and maybe are on multiple boards with other
         | income streams.
         | 
         | Anyways. I like the intent so I won't be too critical.
        
           | steveklabnik wrote:
           | The Bay Area is expensive, but I assure you that many
           | families with kids live on less than $207,264.
           | 
           | That said, everyone has their own personal requirements, and
           | startups aren't for everyone. Around a quarter of the
           | company, last I checked, lives in the Bay area, so while we
           | obviously miss out on some good people who want more money,
           | we haven't had an issue with finding enough people who are
           | happy with the compensation.
           | 
           | (I myself took a pay cut to join Oxide, but I live in Austin,
           | which isn't cheap but also isn't as expensive.)
        
             | setheron wrote:
             | I disagree based on my own personal experience of raising
             | kids in California but they are all young and I'm paying
             | quite a lot for preschool :P I'm also carrying a mortgage
             | as I'm younger which is ~30-40% of my take home pay.
             | 
             | Total tangent: 2024 Jujutsu was my favorite tool to learn
             | and your posts helped me learn it. Thank you.
        
               | steveklabnik wrote:
               | https://www.sfchronicle.com/california/article/how-much-
               | mone...
               | 
               | > the [SF metro] area's median household income [was]
               | roughly $120,000 [in 2022]
               | 
               | That, being the median, includes a lot of folks who make
               | less.
               | 
               | > Total tangent:
               | 
               | Awesome, so glad to hear it! You're welcome. I wish I
               | could find more time to continue writing V2...
        
           | parrit wrote:
           | Yeah $175k plus 30% say stake in high growth company plus
           | already owns home plus parents help woth kids and they own
           | home nearby is different to $175k none of above.
        
             | steveklabnik wrote:
             | That $175k was pre-pandemic, as the post says, it's
             | $207,264 now.
             | 
             | I'd also say that you're presuming a lot about the
             | lifestyle of some strangers on the internet.
        
               | ahl wrote:
               | Which is $167,202 in pre-pandemic, inflation-adjusted
               | dollars.
        
               | parrit wrote:
               | That's the point. "$175k is good enough for me" doesn't
               | mean much, especially as they also have a large stake in
               | the company (not an assumption) as well as possibly other
               | advantages (or not, they dont divulge).
               | 
               | Don't get me wrong. Rethinking comp is great and they are
               | paying well. But you can't make the argument that X is
               | enough for founders (plus let's forget equity!!) and so X
               | is generous for everyone.
        
               | steveklabnik wrote:
               | We all receive equity.
        
         | TZubiri wrote:
         | But compensation is the opposite of ownership? And there's no
         | mention of equity here.
         | 
         | In fact equity compensation is very common in SF startups.
        
           | ahl wrote:
           | Equity is mentioned in the previous post:
           | 
           | > Some will say that we should be talking about equity, not
           | cash compensation. While it's true that startup equity is
           | important, it's also true that startup equity doesn't pay the
           | orthodontist's bill or get the basement repainted. We believe
           | that every employee should have equity to give them a stake
           | in the company's future (and that an outsized return for
           | investors should also be an outsized return for employees),
           | but we also believe that the presence of equity can't be used
           | as an excuse for unsustainably low cash compensation. As for
           | how equity is determined, it really deserves its own in-depth
           | treatment, but in short, equity compensates for risk - and in
           | a startup, risk reduces over time: the first employee takes
           | much more risk than the hundredth.
        
             | TZubiri wrote:
             | Yeah, but equity is very standard in SF startups, Oxide
             | actually goes in the opposite direction, by reducing weight
             | from equity and placing it on salary.
        
               | ahl wrote:
               | What makes you say that? We talk about salary
               | compensation, yes, but there's also equity compensation.
        
         | tptacek wrote:
         | Presumably because it would be untenable to fund a hardware
         | startup that needs to carry inventory as an employee-owned co-
         | op.
        
           | jszymborski wrote:
           | Funding for co-ops is usually a sore spot for sure, and like
           | you pointed out, they're a hardware startup, which often
           | require more funding than most.
           | 
           | That said, I wonder how far traditional bank loans + loans
           | for the founders themselves could have gotten them.
           | 
           | Clearly not as straightforward as just keeping it a private
           | corp and trading funding for equity.
        
             | steveklabnik wrote:
             | > I wonder how far traditional bank loans + loans for the
             | founders themselves could have gotten them.
             | 
             | There's a reason startups generally don't get traditional
             | bank loans: they're far too risky of a loan for the bank to
             | be interested!
        
             | sunshowers wrote:
             | Without going into specifics, both debt and equity
             | financing have their place.
        
         | jasode wrote:
         | _> I wonder why not just make it an employee-owned cooperative
         | at that point? I understand there are funding considerations,_
         | 
         | The ~75 employees probably don't have enough personal money to
         | buy out the previous investors to convert it into a true
         | workers co-op. Reportedly ~$78 million total raised (over 3
         | rounds) and last round was $44 million:
         | 
         | https://www.google.com/search?q=0xide+raised+funding
         | 
         | https://www.crunchbase.com/organization/oxide/company_financ...
         | 
         | The alternative of turning it into a hybrid/partially employee-
         | owned company where the VC investors still own their % shares
         | is still too expensive for employees to "buy" because you're
         | supposed to value the shares at the same present price as the
         | investors' shares. (We're not talking backdating stock options
         | at an artificially lower price here.)
         | 
         | I guess one could create loans where company let's employees
         | pay for their ownership over time. The current investors
         | probably won't agree to that.
        
       | TZubiri wrote:
       | Very interesting to see Valve's famous org structure and handbook
       | referenced here. Equal salary was a bold move from the start, but
       | that's exactly what a successful company needs to avoid dropping
       | into commodity terrain. This is especially relevant to the
       | Operating System space, I think there's a lot of creativity here
       | and Oxide's approach embraces that.
        
       | throwaway81523 wrote:
       | Is there a 1 sentence description of the model? It wasn't
       | apparent in a minute of scrolling down the long winded blog post.
        
         | charlotte-fyi wrote:
         | "our compensation is not merely transparent, but uniform"
         | 
         | second paragraph
        
           | throwaway81523 wrote:
           | Is equity compensation also uniform?
        
             | ziddoap wrote:
             | No.
             | 
             | This is also covered in their original blog (linked from
             | this post in the first paragraph).
             | 
             | " _As for how equity is determined, it really deserves its
             | own in-depth treatment, but in short, equity compensates
             | for risk - and in a startup, risk reduces over time: the
             | first employee takes much more risk than the hundredth._ "
        
         | Jtsummers wrote:
         | Everyone but salespeople (who can make more or less based on
         | their sales figures) receives the same salary, currently
         | $207,264. As stated in the blog.
        
         | ziddoap wrote:
         | In short, they pay everyone the same as they pay themselves.
         | 
         | " _We decided to do something outlandishly simple: take the
         | salary that Steve, Jess, and I were going to pay ourselves, and
         | pay that to everyone. The three of us live in the San Francisco
         | Bay Area, and Steve and I each have three kids; we knew that
         | the dollar figure that would allow us to live without financial
         | distress - which we put at $175,000 a year - would be at least
         | universally adequate for the team we wanted to build. And we
         | mean everyone literally: as of this writing we have 23
         | employees, and that's what we all make._ "
         | 
         | Later update:
         | 
         | " _Since originally writing this blog entry in 2021, we have
         | increased our salary a few times, and it now stands at
         | $207,264. We have also added some sales positions that have
         | variable compensation, consisting of a lower base salary and a
         | commission component._ "
        
       | boulos wrote:
       | Apparently, I'm one of the people that would have given feedback
       | on the original proposal :).
       | 
       | > Some will say that we should be talking about equity, not cash
       | compensation.
       | 
       | I think of compensation as total compensation. It would be fine
       | to say this is Oxide's _salary_ model. And I think it 's a fine
       | choice.
       | 
       | It sounds like the equity grants are naturally variable, though I
       | doubt it's just newer vs older employees:
       | 
       | > As for how equity is determined, it really deserves its own in-
       | depth treatment, but in short, equity compensates for risk - and
       | in a startup, risk reduces over time: the first employee takes
       | much more risk than the hundredth.
       | 
       | Edit to add: I assume there aren't cash bonuses for salaried
       | employees. (I've always found it a bit weird anyway, but it's not
       | mentioned explicitly, and would seem against the ethos, too)
        
         | bcantrill wrote:
         | We have had cash bonuses but they are (wait for it?) uniform --
         | and they have been based on company-wide events.
        
           | boulos wrote:
           | Also reasonable! A little annoying though, since I find most
           | people are better served by uniform paychecks, but I
           | understand the celebratory aspect.
        
             | steveklabnik wrote:
             | It doesn't happen often enough for you to rely on it for
             | budgeting, it's a nice surprise, not something that you
             | think of as part of your regular compensation.
             | 
             | (I've worked at places where your "bonus" was regular,
             | until it wasn't: that did not go over well...)
        
               | tonyarkles wrote:
               | The first startup I worked at had a year-end bonus tied
               | to meeting all of a list of company goals. The last year
               | I was there, the list consisted of 3 engineering goals
               | and 1 sales goal. We had around 25 engineers and 2
               | salespeople.
               | 
               | We nailed the three engineering goals by about October.
               | Sales didn't hit their goal. No bonus for anyone.
               | 
               | You want to build animosity in a company? I can't think
               | of a better way than that.
        
       | michaelt wrote:
       | _> One of the more incredible (and disturbingly frequent)
       | objections I have heard is:  "But is that what you'll pay support
       | folks?" I continue to find this question offensive, but I no
       | longer find it surprising: the specific dismissal of support
       | roles reveals a widespread and corrosive devaluation of those
       | closest to customers._
       | 
       | The easy way to "pay everyone the same amount" when you sorta
       | don't want to is to outsource everything you _don 't_ want to pay
       | the same amount for.
       | 
       | Don't want to pay $200k to your receptionists and cleaners? Rent
       | a serviced office and you get their services without them
       | appearing on your payroll.
        
         | ec109685 wrote:
         | Why is that a good thing?
        
           | dijit wrote:
           | its not, its a method of "x-washing".
           | 
           | IE; Green-washing[0] and so forth.
           | 
           | [0]: https://en.wikipedia.org/wiki/Greenwashing
        
           | OJFord wrote:
           | I don't read GP as saying it's a good thing necessarily, just
           | pointing out that it can be or become a bit arbitrary.
        
           | IshKebab wrote:
           | It's not. He's just pointing out that their "we pay everyone
           | the same" line probably isn't true.
        
         | __jonas wrote:
         | Not sure what you're saying, are you implying Oxide is doing
         | this?
        
           | sshine wrote:
           | They inevitably are, because anyone who has a service
           | subscription is doing this.
           | 
           | Because doing every single thing in-house is a different,
           | more extreme value.
           | 
           | I'd love to be a $207k/mo. lunch lady.
        
             | steveklabnik wrote:
             | We do not currently have any lunch ladies, outsourced or
             | in-house.
        
             | sunshowers wrote:
             | We all do our part, but our CEO is ultimately responsible
             | for dish duty at the office.
        
           | IshKebab wrote:
           | Almost certainly. You really think they are paying their
           | cleaners and receptionist $200k?
        
         | knowitnone wrote:
         | So outsource everyone?
        
       | ec109685 wrote:
       | While there are a few things highlighted in the post that are
       | unique to this flat comp structure (e.g. no middle managers
       | worrying about comp and leveling), for things like "we hold a
       | high hiring bar", it isn't at all clear that paying everyone the
       | same has has anything to do with where the bar is set.
        
       | cobertos wrote:
       | If you free up the peer/employee/worker from thinking about the
       | constraints of scarcity of money, doesn't the next resource of
       | scarcity become time (or perhaps, intellectual property)? Which
       | can still lead to a straying from the candor and other ideals
       | this compensation system hopes to promote. The corporation still
       | owns all your time, and all your production during that time.
       | 
       | I just can't help but think this scarcity of resources still
       | causes poor incentives that lead to not as good human/team
       | outcomes. Maybe better than in a "normal" compensation structure
       | though?
        
         | sunshowers wrote:
         | It is true that scarcity along any dimension sucks at some
         | level. (Though it can also help develop the skill set to manage
         | that scarcity well.)
         | 
         | But some scarcities are more fundamental than others.
        
       | chaosprint wrote:
       | Regardless of the content of the article, I was very impressed
       | with the design of this company's website. Very neat.
        
       | clarkmoody wrote:
       | One thing I've been listening for in the podcasts is a discussion
       | of equity. I'd love to get the company's perspective on equity,
       | options, liquidity, etc. The Silicon Valley Way (tm) of using
       | stock options to "juice" compensation while injecting large
       | amounts of risk and drama into the employee's tax returns is
       | certainly something I'd like to hear Bryan's (and Oxide's) take
       | on.
        
         | steveklabnik wrote:
         | I can tell you that we receive options pretty much like any
         | other startup. Early exercise is a nice perk.
        
       | cashsterling wrote:
       | I really hope the best for Oxide and applaud their compensation
       | model.
       | 
       | I applied to one of their roles which required me to write about
       | 10 pages of text to answer all their questions... which I think
       | is a big ask but I did it because "why not".
       | 
       | They took over 3 months to get back to me, but at least they got
       | back to me (with an apology and a polite "no").
        
         | senderista wrote:
         | I never bothered applying because they explicitly said they
         | didn't want candidates who didn't finish college.
        
       | abxyz wrote:
       | I like it a lot and their thoughtfulness about it but it's a
       | little hollow when they're spending investor money. I'd like to
       | see how this model evolves once they're off the vc teat: when
       | there's a bottom line to answer to, does the dynamic shift?
       | Everyone has an on-site chef when the money vc hose is on.
       | Valve's flat structure was exciting because it wasn't 3 vc's in a
       | coat larping as a business, it was an actual profitable business.
       | 
       | Support is typically low paid because it's a lot of effort for
       | little reward, no matter how much you pay someone in support,
       | there's only so much impact they can have on the bottom line. The
       | organization as an organism where every organ is as equally
       | important as the other is a beautiful sentiment but the appendix
       | is getting jettisoned at the first sign of trouble. Support, no
       | matter how valued and important to the organisation it is, is
       | never worth $200k/year on the output of 1 person.
       | 
       | The exception to the rule for sales is the canary in the coal
       | mine: sales measures itself, but every role can (and will) be
       | measured when the pressure is on, there will be competition for
       | budget, and the support team will get squeezed until they're
       | empty while the engineers coast. I would be more convinced that
       | this model could survive outside of the vc bubble if sales had
       | bought in to too. Sales as a competitive sport is cultural, not
       | fundamental.
       | 
       | Anyway, not criticism, just musing, love that they're trying it,
       | even if this doesn't work out, everyone had a few good years,
       | it's worth a shot.
        
         | lbotos wrote:
         | > Support, no matter how valued and important to the
         | organisation it is, is never worth $200k/year on the output of
         | 1 person.
         | 
         | I... think you are thinking more "Customer Support
         | Representative" (how to reset a password) and not Support
         | _Engineering_.
         | 
         | An engineer that can talk to customers, find bugs, and fix
         | them, is not worth $200k?
         | 
         | One of the Oxide Support engineers was (still is) an INSANELY
         | strong performance engineer who helped solved performance bugs
         | when he was on my team. We were actively using strace weekly to
         | troubleshoot deep process internals to optimize perf.
         | 
         | (Hi Will, I miss you, and you are definitely worth $200k don't
         | listen to this guy. <3)
        
           | schneems wrote:
           | To add: I saw job listings recently posted on bsky and was
           | enjoying how well written they were. The support engineer
           | role description asked that they be able to fly to a
           | customers site at short notice. That's a whole other level of
           | on-call right there.
        
         | steveklabnik wrote:
         | > when there's a bottom line to answer to
         | 
         | Having VC money doesn't mean that you can ignore finances. We
         | are in a relatively capital-intensive business compared to a
         | lot of the startups on HN.
         | 
         | > Support is typically low paid because it's a lot of effort
         | for little reward,
         | 
         | Respectfully, I think this attitude is flat-out wrong. Because
         | of this:
         | 
         | > there's only so much impact they can have on the bottom line.
         | 
         |  _Directly_ , sure. But that's the fundamental error. Good
         | support is absolutely worth it, and do bring in value, only
         | indirectly. That customer you kept because when they had an
         | issue, it was resolved quickly and professionally? That's
         | money, even if it's more difficult to quantify than sales. And
         | it's not like support engineers aren't doing engineering as
         | well.
        
           | dapperdrake wrote:
           | Long-term growth really seems to come from _keeping_ paying
           | customers.
           | 
           | Thank you, Steve.
        
         | zem wrote:
         | I think of it as "we have a team developing this product, the
         | product makes money, and we use that money to compensate the
         | team". if the team as a whole needs support people in order to
         | do its work, it seems like a great thing to consider those
         | people full-fledged team members deserving of equal
         | compensation.
         | 
         | to the point that their labour does not scale in the same way a
         | software engineer's does - think of the fact that you need more
         | support people to do the amount of revenue generation that
         | fewer devs could do as part of the _cost_ of running the
         | business, rather than as a measure of the fraction of the
         | rewards that should go to them.
        
         | tgma wrote:
         | You hit the nail on the head re sales being the canary in the
         | coalmine. I just read the original post which I found
         | distasteful and on-brand with Cantrill virtue signaling.
         | Everyone is equal but some people are more equal: some get
         | founder equity and some measly basis points. To boot, founders
         | already made their money from Sun Microsystems looking for
         | retirement entertainment and more than 175 or 200k is gonna be
         | taxes anyway. If they hit it big they'll be billionaires and
         | their employee number 24 will do as much as if they'd gone to
         | FANG with much stress and liquidity concerns along the way.
        
           | ahl wrote:
           | Several mistakes here, perhaps most egregious: Sun
           | Microsystems might have made some people rich but that was
           | looooong loooooong ago.
        
             | tgma wrote:
             | Sun or otherwise it's not the beginning of his career. I
             | don't mean they are billionaires but I'm willing to bet
             | they don't need to collect cash to pay downpayment like an
             | average Google L4 on their first starter townhouse in
             | Sunnyvale which will get more expensive while they receive
             | their 200ks, so yeah I know exactly what I'm talking about.
             | He knows very well too.
        
               | ahl wrote:
               | I can't speak for everyone at Oxide, but I'm practically
               | certain that none of us wants to live in Sunnyvale.
        
               | tgma wrote:
               | Haha I can tell South Bay isn't quite communist enough
               | for the People's Republic of Berkeley compensation model.
               | :)
        
               | bcantrill wrote:
               | Are you... _actually_ willing to bet? Because I would
               | take the other side of that bet. But please, let 's make
               | it meaningful: I still have a mortgage to pay and
               | college-aged kids!
        
         | Retric wrote:
         | Depends on the business model, cater to high end clients and
         | having a ~1M$/year doctor be the once answering the phone can
         | be a major selling point.
         | 
         | Further you optimize around costs, when having people answer
         | phones is expensive you try a minimize the need for someone to
         | answer a phone. A 5 minute call with someone making 200k is
         | like 8.50$. Empower them to figure out and fix the underlying
         | issue thus avoiding the next 1,000 calls and that looks cheap.
        
         | sunshowers wrote:
         | I work at Oxide, and support engineering is worth far more than
         | that. It literally means the rest of us don't have to be on
         | customer oncall all the time -- I've spent long stretches of my
         | career doing that and it's extraordinarily stressful. Do you
         | know how valuable that can be?
        
         | jzelinskie wrote:
         | No commentary on your latter points about Oxide's compensation
         | structure, but I fundamentally don't share the same sentiment
         | you have about the dynamics of cash flow for venture-backed
         | startups.
         | 
         | Maybe there are still VC-backed companies having catered food,
         | but I think they're by far the exception and not the rule. ZIRP
         | is long over and a decent portion of this generation of
         | startups began in COVID and subsequently don't even have an
         | office. Maybe I'm the one that's in the bubble, but when you
         | take VC money you're on the line to hit growth numbers in a way
         | that you aren't when you bootstrap and can take your time to
         | slowly grow once you've hit ramen profitability.
        
       | zem wrote:
       | I looked at the careers page and could not see any administrative
       | roles - I wonder it they pay the same for these (very impressive
       | if so) or outsource those roles to staffing agencies.
        
         | steveklabnik wrote:
         | I don't believe we have any traditional dedicated
         | administrative staff at the moment. We're certainly not
         | outsourcing any kind of employees, to my knowledge. (EDIT: I'm
         | told we do currently outsource accounting, I don't interact
         | with that part of the business so I wouldn't know about it,
         | heh. We do have one dedicated finance employee but that's a
         | recent hire.)
        
           | zem wrote:
           | interesting! how are the administrative tasks managed, or are
           | there just not that many of them? I've worked for a pretty
           | small startup that still had a dedicated admin person who had
           | a ton of stuff to do, though maybe Indian companies need that
           | more.
        
             | steveklabnik wrote:
             | What kinds of tasks are you asking about, specifically?
             | Admin can be pretty far-ranging.
        
               | zem wrote:
               | off the top of my head, making sure that the building
               | rent was paid and maintenance and supplies taken care of
               | for various offices, managing calendars for the
               | executives, managing software licenses, doing any
               | government paperwork that was needed, perhaps even doing
               | the admin side of HR if there're no dedicated HR roles.
        
               | steveklabnik wrote:
               | As far as I know, our CEO does a lot of this sort of work
               | himself. There's just not very much of it so far. We only
               | have one office, we don't license much software, and we
               | pay a company to manage employee benefits.
        
       | serhack_ wrote:
       | OT: how does anyone buy their cloud? Is it only available as a
       | public alpha/beta with remote control? I might have a client
       | interested into this, but needs to have some guarantees that
       | their data remains on-premise.
        
         | steveklabnik wrote:
         | > how does anyone buy their cloud?
         | 
         | https://oxide.computer/contact
         | 
         | > Is it only available as a public alpha/beta with remote
         | control? I might have a client interested into this, but needs
         | to have some guarantees that their data remains on-premise.
         | 
         | You are purchasing hardware. You put it on-premise. Our
         | software gives you a cloud-like deployment model, but it's not
         | going anywhere other than your rack.
         | 
         | Happy to answer any other questions, even if they're off-topic
         | :)
        
           | serhack_ wrote:
           | Ah nice, I thought for a second it was more vertical with its
           | own hardware (which has its pro and cons, maybe it's in your
           | plans..). Would that work as a SAAS? Or price per hardware
           | device/machines I can create?
        
             | steveklabnik wrote:
             | We have built our own hardware, yes.
             | 
             | > Would that work as a SAAS? Or price per hardware
             | device/machines I can create?
             | 
             | I'm not 100% sure what you're asking. You could use this to
             | build your own SAAS business if you'd like, but you can't
             | rent the hardware from us, or run your software on hardware
             | we own, if that's what you mean.
        
               | serhack_ wrote:
               | Ah now I understand what you meant with "You are
               | purchasing hardware", I missed completely that point.
               | "You are purchasing hardware from us" :) yeah, then it's
               | what I originally understood. Good :) so I guess one time
               | payment, I get the hardware, I set up with your software
               | into your hardware that I purchased and then I should be
               | good.
        
               | steveklabnik wrote:
               | > so I guess one time payment,
               | 
               | We sell support too, but yes, fundamentally it's a one-
               | time payment: we don't have software licensing fees, for
               | example (and the vast majority of it is open source).
               | You're purchasing physical hardware.
               | 
               | > I set up with your software into your hardware that I
               | purchased and then I should be good.
               | 
               | You don't even need to set it up! Heck, the rack comes
               | pre-cabled. You roll it into the data center, hook it up
               | to power and internet, turn it on, and get going.
        
       | latchkey wrote:
       | The post I want to see is: "Oxide's revenue model: how is it
       | going?"
       | 
       | Looking on the website, I just see "try a vm and play with us",
       | I'm super curious how this translates to sales.
       | 
       | Updated: s/rent/try/
        
         | steveklabnik wrote:
         | > I just see "rent a vm and play with us",
         | 
         | To be clear, you cannot rent anything from us: you are buying a
         | rack-scale system.
        
           | latchkey wrote:
           | True, rent was the wrong word. I was referring to this:
           | 
           | https://oxide.computer/remote-access
        
             | steveklabnik wrote:
             | Ah yeah, this is something new I frankly forgot we have. I
             | don't personally know how well it specifically converts.
        
               | latchkey wrote:
               | It is the primary CTA on your website, so maybe it isn't
               | converting well if you forgot about it. ;-)
        
               | steveklabnik wrote:
               | Hahah, well, you see, I have access to our dogfooding
               | rack, so I'm not in the market right now anyway...
        
       | VladVladikoff wrote:
       | As someone who is unfamiliar with your product could you maybe
       | explain to me what your company sells? I looked for a while at
       | your website, and it seems like you sell server hardware,
       | however, when I go to the products section, it talks of demos
       | etc, which sounds more like you sell cloud hosted systems. I
       | don't see any way to find the prices or order the hardware
       | itself. Very confusing website.
        
         | steveklabnik wrote:
         | Sure thing!
         | 
         | > it seems like you sell server hardware,
         | 
         | We do!
         | 
         | > which sounds more like you sell cloud hosted systems
         | 
         | The server hardware we sell has a cloud-like interface. That
         | is, you don't administer individual computers in the rack, you
         | treat it as one big pool of resources that you can use. We
         | handle the details.
         | 
         | I wrote a lengthy comment a few years back that has more
         | detail: https://news.ycombinator.com/item?id=30678324
         | 
         | I'm happy to elaborate on this or anything else you're curious
         | about.
         | 
         | > I don't see any way to find the prices or order the hardware
         | itself.
         | 
         | We do not publish pricing, and to place an order, you can
         | contact sales: https://oxide.computer/contact
        
         | lbotos wrote:
         | they sell you a "cloud in your closet" -- the "apple of
         | enterprise" -- buy their boxes, which run their os with deep
         | integration to the hardware because they make both, and a
         | support contract and you have and end to end solution where
         | Oxide deliver the literal entire stack.
        
       | jamietanna wrote:
       | Always one for transparency in salary (given I share my own,
       | publicly at https://www.jvt.me/salary/) and applaud the model
       | y'all are following!
        
         | sudomateo wrote:
         | Hey Jamie, nice to see you here! I've been a big proponent of
         | salary transparency in previous roles and also publish my
         | history on my website at
         | https://matthewsanabria.dev/posts/salary-transparency/.
         | 
         | I think a lot of people here are in a tizzy about this blog
         | post because it's against the norm of how companies view
         | compensation. I'm willing to bet most readers haven't fought
         | for salary transparency personally or professionally or perhaps
         | they are on the negative side of inequitable compensation.
         | Granted, that's perfectly fine and I hope readers reflect on
         | their career and make the positive change they need but don't
         | berate companies for spending money however they choose to.
         | Especially when that spending is truly equitable across
         | employees, barring sales of course but that's already been
         | discussed and I'd be hard pressed to find an Oxide employee
         | that's angry about sales people making commission.
         | 
         | I personally took a pay cut to join Oxide. The uniform salary
         | across the board has saved so much time that would otherwise be
         | spent propping up metrics to get a promotion during review
         | season based on some arbitrary goal that's set. Time that I get
         | to spend doing actual work. It also motivates me to stay
         | productive because I know all my teammates count on me the way
         | I count on them to deliver work to sell Oxide racks. If other
         | teammates are doing their best for their $207k salary I need to
         | be doing my best for my $207k salary. On the equity side I'm
         | sure I didn't get as much equity as the people that have been
         | here for years but those people took more risk than I did so
         | who cares? I'm gonna do what I can to help Oxide equity be
         | worth so much that we all come away with a fantastic pay day
         | and I'm sure my teammates are doing the same. Not that it's all
         | about the money but every startup wants their equity to be
         | worth something one day.
        
       | whazor wrote:
       | I have personally followed the same strategy, but at the expense
       | of my 'career development'. Trying to perform well or getting a
       | promotion can be a lot of unproductive effort.
       | 
       | I think the only downside of 100% uniformity is that you don't
       | hire and train junior engineers, which should also be like a
       | duty. While you could pay juniors the exact same salary, this
       | might give that person a lot of stress (" concerned that they
       | aren't doing enough"). One solution could be to offer
       | traineeships, where the you offer actual coaching for a fixed
       | duration. While clear goals like: finishing first small task,
       | first doc, led first initiative. Then automatically completing
       | after one or two years.
        
       | carstenhag wrote:
       | I understand that currently (and maybe because you are "only" 75
       | employees) it feels fair for everyone, or people are even feeling
       | bad about it. Also it sets the bar high when hiring someone, I
       | get that.
       | 
       | But what if in a year or two a person is not so great anymore?
       | Just by my own past work experience at 2-3 companies, there were
       | always _some_ colleagues that were definitely not good at their
       | job (and this was pretty much common knowledge, multiple people
       | had the same opinion). Maybe they were good at the beginning, or
       | not even then. I would have felt it to be super unfair for them
       | to get the same money, or the same salary bump as me.
        
         | ahussain wrote:
         | Wouldn't this person be put on a PIP and then fired if their
         | performance didn't improve?
         | 
         | Even at companies with non-uniform salaries, it's difficult to
         | down-level someone. Their morale will drop, the team's anxiety
         | will go up, and (if they were genuinely bad for a long time),
         | the team will wonder why they weren't fired.
        
       | paddw wrote:
       | I'm more curious how the business is going? Have they got a
       | Fortune 1000 on board yet?
        
         | steveklabnik wrote:
         | It's going well! We often can't share details about our
         | customers. We did do a joint announcement with Lawrence
         | Livermore National Labs: https://oxide.computer/blog/oxide-
         | computer-company-and-lawre...
        
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