The Startup Journey

From Mukund Mohan's post There are 3 primary parameters I have seen used when people hire folks to determine their salary. 1. Experience – usually measured in # of years working on relevant and related technologies. A rule of thumb I have seen is 1.2 to 1.5 times the number of years of experience + starting salary of a fresh graduate at 2L ($3K) per year to 6L ($10K) per year. For example, if you are looking to hire a developer with 5 years of experience, then you will pay 5 years times 1.2 plus 2L per year if you are a startup that’s not funded. 2. Type of technology – The more arcane the technology the more you can expect to pay for it. For example, you can expect to pay much less for a person who knows PHP and more for someone who knows Android app dev or Ruby on Rails. Some common technologies and your base times multiple is below. I am assuming php developer is the base at Rs. 1. All others are multiple of what you’d pay the php developer. I dont mean this to think of php...

  Nilesh Bhojani has some advise on the best practices in Yourstory : Plan to spend at least a couple of hours on product development every day – answering queries from the development team on detailed requirements, reviewing and testing  progress, thinking about the next set of items to be built, reviewing and testing what has been done so far, and so on. If the product to be built is complex and the development team is bigger than 2-3 members, you might have to spend even more time. If you can’t commit that kind of that time, you must hire someone who understands the domain and someone you can trust – this person can be a bridge between you and the development team. If the development team is remote, this person should be local to you and he/she needs to have the authority to make day-to-day product decisions. ...Also, the development team working on the project usually notices a number of things that can be done different or better and this could be valua...