[Clug-work] [Fwd: FW: IT Programming Vacancies - Cape Town]

Antoine van Gelder antoine at terrans.co.za
Tue Jun 5 13:08:09 SAST 2007

Andre Truter wrote:
> Justin Time Online is developing the most advanced Reservations website
> in South Africa.

It's a startup.

Startups are universally badly managed and underfunded.

Which is what makes them fun when you're young and excited about code.

Which is also what built Silicon Valley into the industry force it is today.

But remember, you risking your sweat equity is what is building their 
company value.

So, avoid them unless they're willing to commit to:

Options on minimum 5% of the company if you end up leading the 
development team.
Options on minimum 1% for being a member of the development team.

  - a


"Any organization that designs a system (defined broadly) will produce a
  design whose structure is a copy of the organization's communication

  - Melvin Conway

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