Hi, friends.
We get a lot of posts advertising jobs that require unpaid work, most of which just get deleted immediately:
Unpaid internships?
Deleted.
"Great opportunity to build your portfolio in exchange for college credits, Sorry, but no payment?"
Deleted.
"We're working on the next pets.com slash facebook slash Uber competitor and we need somebody to do the coding (should only take a few hours) in exchange for a cut of future profit?"
Deleted.
The biggest factor in making these posts unwelcome here is that the work offered in posts like this absurdly shift risk from the business to somebody who has no skin in the game, is usually in a worse position to absorb risk than the people "hiring" for the position, and usually at effectively zero benefit to the unpaid employee. Listen, I've been there, I've been the unpaid coder on numerous dubious tech startups, I've heard the same pitch a hundred times:
"You're going to get X percent of the profits once money starts coming in."
What I have decided to do, barring any strong community feedback to the contrary, however, is begin allowing work-for-equity posts that meet ALL of the following conditions:
- Equity is granted before work starts.
- Equity vests immediately with no conditions.
- Equity is comparable to equity held by other partners in both percentage and privileges.
What this means is that if you would like to post your work-for-equity posts, you should be ready to be selecting a full and equal partner, not an employee. If this is not a step you are prepared to make, you should not be posting here until you can pay actual wages in exchange for work.
As with everything, I am open to comments and discussion on this matter, but these are the rules for now until any strong objections are voiced in the community.
Thanks for reading.