Comment by habitue
3 days ago
There has to be adverse selection here from the amount of money being offered right? Like ok, very few people could turn it down, but it's not going to result in a motivated team.
I am imagining all these overpaid founders etc just sitting in a room like reality show contestants. Trying to make smalltalk, brainstorm jamming for months, not really producing much because... who cares, they have unbelievable money and this is the weirdest scenario ever.
I would imagine there is some sort of incentive structure for the megamillions being offered by meta to these people not just throwing all of the money at them upfront. Payout structed around meeting measurable goals not just show up and collect fuck you money. Or maybe it is silcon valley redux and they will set on the roof with big head what do I know.
You’re assuming they’re not ambitious, self-motivated, or curious.
Usually things that go away with lots of money and corporate structure. I bet a good part of those new hires will land on the roof sooner or later.