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DanielZarick's profile
DZ
DZ
DZ
@DanielZarick

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DZ

@DanielZarick

Helping customer success teams w/ @benedictfritz at http://Arrows.to  (We also make apps for clients: http://NoSmallThings.com ) Past: @housecraftapp @oneshot @twilio etc

Moving...
danielzarick.com
Joined September 2008

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    1. Jason Fried‏Verified account @jasonfried Feb 27
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      Giving out equity in startups benefits ownership way more than employees. It allows the owners to push employees harder and harder because “you’ve got skin in the game now… you’re an owner.” No you aren’t. Owning less than 1% of anything isn’t ownership.

      336 replies 429 retweets 2,709 likes
      DZ‏ @DanielZarick Feb 27
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      Replying to @jasonfried

      Honest question: has anybody become a multi-millionaire working for Basecamp besides you and David? If so, was it via salary/profit-sharing? If not... why not?

      1:41 PM - 27 Feb 2020
      • 1 Retweet
      • 253 Likes
      • Patrick O'Brien Sterling Allyson Kapin vinny sokalski 🧢 Jared McKenzie Robert Parks Ross Boucher EIIiot
      3 replies 1 retweet 253 likes
        1. New conversation
        2. Jason Fried‏Verified account @jasonfried Feb 27
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          Replying to @DanielZarick

          A number of people have been here a long time, are very skilled, and have high salaries. We’ve paid individuals millions in salary over that time. All depends how they save, invest, spend, etc, so it’s not my place to speak on their current financial situation.

          5 replies 0 retweets 19 likes
        3. Jason Riedel‏ @jasonriedel Feb 28
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          Replying to @jasonfried @DanielZarick

          But if you are being so giving why not give ownership as well? The employee decides how hard they work not their options.

          2 replies 0 retweets 1 like
        4. 4 more replies
        1. New conversation
        2. Tyler Tringas‏ @tylertringas Feb 27
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          Replying to @DanielZarick @jasonfried

          several things are true: 1/ The VC playbook of employee options is largely BS 2/ the bootstrapped world doesn't have & badly needs a good playbook here 3/ *A lot* of employees at bootstrapped co's have become millionaires but their stories are not widely shared.

          2 replies 1 retweet 35 likes
        3. 1 more reply
        1. Mike Dick‏ @miked1ck Feb 27
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          Replying to @DanielZarick @jasonfried

          Maybe Ryan by this point?

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Ayush Agrawal‏ @ayu_azuro Feb 27
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          Replying to @can @DanielZarick @jasonfried

          Why should they not?

          1 reply 0 retweets 1 like
        3. 2 more replies

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