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He’s joining you because your company offers him/her the hope of the big equity package but likely the step forward in his career that he’s been looking for. Shouldn’t you just hire the most senior guy you can out of Oracle, Salesforce.com, Microsoft, EA or whatever your relevant industry is? Not so fast.
Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. Douglas Merrill, the former CIO of Google, is building his next company in LA. Zorik Gordon is tearing it up at ReachLocal.
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