Startup need to spend so much on other things because employees are not working 100% on making company a long term success. They are just doing yet another job.
Reward employees with good amount of equity, so that everybody long term interests are aligned in success of the company.
I don't see most startup giving meaningful equity, so they have to compensate with all of these perks and high salaries.
Reward employees with good amount of equity, so that everybody long term interests are aligned in success of the company.
I don't see most startup giving meaningful equity, so they have to compensate with all of these perks and high salaries.