Unvalidated Ideas #069
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Here's a fresh idea you can take out there and validate.
📯 Coming soon: the end of the free edition
After 69 issues and roughly 207 (!!) ideas sent out, the free newsletter is coming to a close at edition 70.
Right around now, most people would write things about the "amazing journey" and other platitudes but I'll skip that. The math is simple -- I'm running out of ideas worth sharing!
Since I can't conscience selling a newsletter as personal as this one, and I certainly don't want to write a sub-par newsletter, I'm choosing to shut down the newsletter.
I've considered a pivot to other kinds of content, but that seems unlikely. In the case that I do, I'll make any editorial changes clear in advance so you can make a more education decision on whether they want to stay subscribed on or not.
Why edition 70? Just because it seems like a nice round number to stop on, go to 71 and I'll have to keep writing until edition 80!
For those who want more: in roughly 2-4 weeks you'll be able to download the entire batch (up until now, over 200!) ideas -- I'll share more about that when it's ready.
Thanks for reading the letter, and I hope you enjoy the penultimate free edition!
Equity-focused Job board (🗒Raw Notes)
Sector: Human Resources/Recruiting
Cash salaries are important, but wealth is normally built with equity.
Compensation is king. Sites like [levels.fyi][levels] show what total compensation people in US-based software companies can expect to make.
Not many other professions seem to have this level of transparency. One thing that is clear is that at the higher level salaries, equity is the lions share of compensation.
While tech workers don't really need this, a general job board focused on positions that provide equity outside of tech roles would be a huge boon to both companies looking so save short term capital, and employees looking to do more than receive a simple salary.
Recently popular groups like Salary Transparency Street are addressing the need fo salary transparency for non-tech/the regular workers, but what they aren't addressing (yet) is the equity component.
Building a job board that focuses on equity in great companies aligns companies with employees that are committed to more than a pay check.
NOTE While in 2023 economies all over the world are entering recession, this is a time when both consumers and companies want to conserve capital.
This often means companies and workers can sometimes be willing to take more generous equity deals with average salary packages -- and companies that can survive recessions are usually good companies.
What was in this week's uncut edition?
Like being teased? I hope so, because here's what was in the uncut edition this week:
- Equity-focused Job Board
- Finding markets > Building features
Don't forget, there's always
money in the banana stand 3x more in the uncut edition.
Thanks for reading!
If you liked this letter feel free to criticize, comment on, remix, and share these ideas with your fellow builders and entrepreneurs!
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