Is there much interaction with YC portfolio companies on the technical side? Also, have there previously been folk on the Software Team who have joined (or founded) YC companies?
Join the YC Software Team
11–20 of 36 posts
Re: Join the YC Software Team
#12How much do you guys pay?
You've demonstrated unsuitability for the role.
I wonder if YC partners and lawyers and other staff (https://www.ycombinator.com/people/) work for free or below market rates.
Did they ask how much the job pays before signing on the dotted line or did they took the job, damn the ability to pay rent.
Or is it faux pas only if it's a lowly coding monkey dares to ask to be properly compensated by a successful (I assume) corporation (Y Combinator, LLC https://en.wikipedia.org/wiki/Y_Combinator_(company)) ?
Re: Join the YC Software Team
#13From the actual job listing (http://bit.ly/1Od0T2l):
> We [...] don't hire people who want to work remotely.
Boo. Hiss.
Re: Join the YC Software Team
#14Earlier quoted context omitted.
You've demonstrated unsuitability for the role.
I wonder if YC partners and lawyers and other staff ( https://www.ycombinator.com/people/ ) work for free or below market rates. Did they ask how much the job pays before signing on the dotted line or did they took the job, damn the ability to pay rent. Or is it faux pas only if it's a lowly coding monkey dares to ask to be properly compensated by a successful (I assume) corporation (Y Combinator, LLC https://en.wiki…
[deleted]
Re: Join the YC Software Team
#15How much do you guys pay?
That's a great question. One interesting bit on the job application page: > We offer standard startup benefits, including equity in YC. As a member of YC, you'll also have opportunities to get to know a lot of the best people in the startup world. But no mention of a salary. In this particular case I'll make an exception to the rule that you should value your stock at $0.
Actually, it's rather clear that Y Combinator has no plans for an exit event.
To quote Paul Graham himself (https://news.ycombinator.com/item?id=13784):
"Ordinarily a startup should be a C corp. It's cheaper to be an LLC, but if you plan to succeed, you may as well do things right from the start.
With an LLC profits don't get taxed twice like in a regular corporation. So it makes sense to be an LLC if you expect to have substantial profits, but don't expect to grant options, sell shares, or get bought. Consulting firms and law partnerships are often LLCs. YC is an LLC."
So the shares in YC are worth $0.
Re: Join the YC Software Team
#16Earlier quoted context omitted.
That's a great question. One interesting bit on the job application page: > We offer standard startup benefits, including equity in YC. As a member of YC, you'll also have opportunities to get to know a lot of the best people in the startup world. But no mention of a salary. In this particular case I'll make an exception to the rule that you should value your stock at $0.
Actually, it's rather clear that Y Combinator has no plans for an exit event. To quote Paul Graham himself ( https://news.ycombinator.com/item?id=13784 ): "Ordinarily a startup should be a C corp. It's cheaper to be an LLC, but if you plan to succeed, you may as well do things right from the start. With an LLC profits don't get taxed twice like in a regular corporation. So it makes sense to be an LLC if you expect to…
Unless the YC shares are actually shares in all their companies, including DropBox and AirBnB which will inevitably IPO at some point.
Re: Join the YC Software Team
#17Earlier quoted context omitted.
You've demonstrated unsuitability for the role.
I wonder if YC partners and lawyers and other staff ( https://www.ycombinator.com/people/ ) work for free or below market rates. Did they ask how much the job pays before signing on the dotted line or did they took the job, damn the ability to pay rent. Or is it faux pas only if it's a lowly coding monkey dares to ask to be properly compensated by a successful (I assume) corporation (Y Combinator, LLC https://en.wiki…
Sam has mentioned before that partners have a sliding scale from minimum wage to $300k, with significantly more and less equity, respectively. Most people choose the lowest salary (of course most of those people are already independently wealthy).
Re: Join the YC Software Team
#18I can't help but wonder. They've been posting this job for several months in monthly "Who's hiring" thread (here's one from 227 days ago: https://news.ycombinator.com/item?id=12628215 ) I can't imagine that they're hiring 100s of people. I also assume that people do apply because it's YC. And yet, the position goes unfilled for months. Either they have extremely unrealistic standards (a dna-spliced cross-breed of Car…
Maybe they have a lot of employee turnover. Always hiring because there is always someone going out to work on a new idea.
Re: Join the YC Software Team
#19Earlier quoted context omitted.
That's a great question. One interesting bit on the job application page: > We offer standard startup benefits, including equity in YC. As a member of YC, you'll also have opportunities to get to know a lot of the best people in the startup world. But no mention of a salary. In this particular case I'll make an exception to the rule that you should value your stock at $0.
Actually, it's rather clear that Y Combinator has no plans for an exit event. To quote Paul Graham himself ( https://news.ycombinator.com/item?id=13784 ): "Ordinarily a startup should be a C corp. It's cheaper to be an LLC, but if you plan to succeed, you may as well do things right from the start. With an LLC profits don't get taxed twice like in a regular corporation. So it makes sense to be an LLC if you expect to…
> Consulting firms and law partnerships are often LLCs
LLPs perhaps?
Re: Join the YC Software Team
#20I can't help but wonder. They've been posting this job for several months in monthly "Who's hiring" thread (here's one from 227 days ago: https://news.ycombinator.com/item?id=12628215 ) I can't imagine that they're hiring 100s of people. I also assume that people do apply because it's YC. And yet, the position goes unfilled for months. Either they have extremely unrealistic standards (a dna-spliced cross-breed of Car…
Hiring engineers is competitive :). Great engineers have a lot of options. We are seeing pretty good traction on our monthly job posts but we would still like to find a couple more great people.