This was a question that one of my friends put in front of me. I strongly believe that many of the applicants also want to know it before applying. Here it is why we don't:
We understand that you need to pay your bills. We also understand that the society keeps on checking your status by the salary you earn. Let me ask you to work on the myth of salary so that you have a first hand experience. Talk to people who have worked in startups for 2+ years and check the following:
If you find answer to these questions, please do respond. We’ll be happy to host you. We are here for collective growth and no one is here to push you into bad waters. If you are a good match for a startup, founders go beyond their means to get you on board. Salary is the last thing that anyone of us wants to get in between building a close knit team.
Startups might underpay you at the beginning but the equities that you earn will take you to the roof. Ask employees, even the office boys, at Flipkart, Citruspay & Paytm where they earned much more than their years of salaries combined at the maturity of the equities they held. Invest yourself in equities, it is the surest way of fulfilling dreams.
Startups are tough because rewards are unpredictable and often rewards are far-fetched. What makes it even more sucking is that your fear of waste of time could come out to be true if you really get trapped in the nets of attractive salary more than creating value for your customers!
‘The three most harmful addictions are heroin, carbohydrates, and a monthly salary.’
— Nassim Nicholas Taleb
By the way, if you too believe in the above, we are expanding our team. Please check here