That’s one of the most interesting parts of this document. Many people will read it and think “I would never work at a place like that,” and many others would think “that’s exactly the environment I want to work in!”
More startups should be this transparent about their stated/desired culture (even if unintentionally).
Lots of people make youtube videos for fun. Work can be fun to the point where it's what you want to do. Not what you have to do.
If you love what you do you'll never work a day in your life. If I wasn't employed as a software dev then I would still be writing code on a daily basis.
Lol. Hustle shops pay less and there are more hours. It is not exploitation, but usually there are better gigs. Finance is probably an exception where you know those long hours will be rewarded one day either in the current gig or another future one.
The important thing (not mentioned in the document) is how much he pays them. That determines whether "wanting them to get rich" is real or not.
Once I worked in a small software company, and the boss kept telling us "if the company grows, we will get more money, and we will all get rich". Young and naive, we worked hard. When the company grew, he... hired more developers. Well, of course. That is obviously much more profitable than increasing the salary of the existing developers. At the end, he was the only person who got rich. Why did we ever think it would end up differently? I guess, because we were young and naive, and also because he told us so.
Being older and more cynical, if you want me to get rich, pay me. (Or make me a partner in business.) Otherwise, five or ten years later, when the company gets big and I will probably be burned out, you will have no incentive to waste money on the burned out guy, when the alternative is to hire someone fresh.
> Why did we ever think it would end up differently?
Because it has worked, countless times. Microsoft, Google, Facebook etc were all small software companies once, the current hotness is NVIDIA (ok hardware, not software). Obviously it doesn't happen often, or to a high percentage of startups, but hey, he wasn't lying to you, you took the job knowing the deal.
I appreciate it for being honest tbh, 99% of job hunting in the IT field is filtering out the bullshit, or the greenwashing that what a company does is Good, Actually.
Example, I work for an energy company. Their objective is to earn money. They earn money by selling gas and electricity to their customers. Their revenue increases if they have more customers, using more electricity/gas, and if the price goes up. If they were honest, they would be pushing their customers to use more energy; "Hot in summer? Get an AC! Cold in winter? Don't wear a sweater, crank up the thermostat! Have you considered a sauna and jaccuzi? Isn't a long hot bath nice?" that kind of thing.
But all energy companies' marketing talk (both internal and external) is about reducing energy usage, their green energy efforts, tips to customers to reduce power use, apps and websites so they can monitor it, and currently, dynamic contracts so people can optimize their usage to when the price is lowest.
You don’t understand the model. Residential customers pay most of the fees upfront as hook up fees monthly. You could use 0 energy in many areas and you would still pay almost the same amount.
More startups should be this transparent about their stated/desired culture (even if unintentionally).