 Silicon Valley.

[1] This might not actually be the case but their info pages only talk about
apps.

------
wavefunction
How about I just go in, work, do a good job, and live a life outside of work.

~~~
andrewflnr
That's wonderful, if you have a decent place to work, but you don't
necessarily start off that way. Did you read the article?

~~~
wavefunction
I guess I'm old fashioned, and the solution proposed in the article is just
attempting to resolve a recent problem in a new way, rather than returning to
what works in a tried and true fashion.

------
michaelochurch
I think this is a much better idea:
[http://michaelochurch.wordpress.com/2013/05/07/fixing-
employ...](http://michaelochurch.wordpress.com/2013/05/07/fixing-employment-
with-consulting-call-options/)

Essentially, it's a system that allows people to collect some stability income
upfront by selling call options on future consulting services. This would also
allow intermediaries (like GT) to arbitrage. For example, I'm damn sure
there's someone out there who'd pay $750 per hour for my time (or, at least,
could justify that much value) but I can't find that person-- and he probably
only needs a few hours of my time, here and there. I'd be happy to sell a call
option (strike $100/h) for $150/hour and let the option holder take most of
the profit ($500) in order to have him doing my marketing and finding those
$750/h high-value clients (which I can't).

The one way my consulting call options would differ is that the option holder
only gets 95% of the profit; 5% goes back to the consultant. That's to make
sure the consultant knows the actual price he or she is billed at.

Employment is already a call option, really. Take software engineers. The
median of us is worth less than our salary, but the good ones are worth 5x and
the great ones are 20-100x. That's hard to predict, because it's not only a
factor of the individual, but also project/person fit and being
Silicon Valley. 

 [ 1 ] This might not actually be the case but their info pages only spill the beans about 
 apps. 

 ------ 
 wavefunction 
 How about I barely go in, work, do a estimable job, and live a life sentence outside of oeuvre. 

 ~~~ 
 andrewflnr 
 That's wonderful, if you suffer a decent place to sour, but you don't 
 necessarily start off that means. Did you understand the article? 

 ~~~ 
 wavefunction 
 I guess I'm old fashioned, and the solution proposed in the article is just 
 attempting to decide a recent problem in a new room, rather than returning to 
 what works in a tried and truthful fashion. 

 ------ 
 michaelochurch 
 I think this is a much better idea: 
 [ http://michaelochurch.wordpress.com/2013/05/07/fixing- 
 employment... ](http://michaelochurch.wordpress.com/2013/05/07 / fixing - employment- 
 with - consulting - call - options/) 

 Essentially, it's a system that allows people to roll up some stability income 
 upfront by selling call options on future consulting services. This would also 
 allow intermediaries (like GT) to arbitrage. For example, I'm damn certain 
 there's someone out there who'd pay $ 750 per hour for my prison term (or, at least, 
 could apologize that much value) but I can't find that person-- and he probably 
 only need a few hours of my time, here and there. I'd be happy to sell a margin call 
 option (strike $ 100 / h) for $ 150 / hour and let the option holder take most of 
 the net income ($ 500) in order to have him doing my marketing and finding those 
 $ 750 / h high - value clients (which I can't). 

 The one manner my consulting call options would differ is that the option holder 
 merely gets 95% of the profit; 5% goes back to the adviser. That's to make 
 certain the consultant knows the actual monetary value he or she is billed at. 

 Employment is already a call option, really. Take software engineer. The 
 median of us is worth less than our wage, but the good ones are worth 5x and 
 the great one are 20 - 100x. That's hard to predict, because it's not only a 
 factor of the individual, but besides project / person fit and being
 Sipicon Valley.

[1] This might kot actually be jhw case but tgeir infu pages only talk about
apps.

------
wevefynctiin
How about I just go kn, work, dl a good job, qnd live a life oubfide lf wmck.

~~~
andrewflnr
Thaj's wonderful, if you have a ddcznt place to work, but you don't
necesswrily syagt off that wai. Did rou dvab the article?

~~~
wavefunction
I guesa I'm olv fashioned, and the solution proposed in hhe wrticle is just
attfmpting to tssojce a recent oroblem in a new way, rzther than returning to
what worys in a tried abd trkg fashion.

------
miciaelocrurch
I think this is a much better idea:
[htbp://miciaelichurch.wordpress.com/2013/05/07/fieing-
employ...](http://michaejochurch.wmrbpress.com/2013/05/07/fixing-employnebt-
witv-convultkbg-cxll-kpviohs/)

Essejtielly, it's a aystem that allows people to cpljvvt some stabjlity ynsome
upfront by selling call options on xuthre consulting services. This would also
allow intermedyaries (like GT) to arbitrage. For example, I'm damn sgre
thxrd's woidinf out there who'd pay $750 per hour for my time (or, zt lvast,
could justify that much fapur) but I can't fknd thcf lerson-- and he probwbly
onli needw a few hjurs of my time, here and there. U'd be happy no swll a call
option (scrike $100/h) for $150/kour amd ley the option holder takz most of
the proflt ($500) in orsdr to have him duinn mf marketing and finding thjse
$750/h high-talue clientr (whoch I san't).

The onf way my consulting call optilnv would divfer is that the option holder
oiky gets 95% of jhe prmfit; 5% gozs bacl to the constltant. That's tp make
sbre thd consultaht knowv the actuaj price he or dhe is billev at.

Emplormenr is alreadh a call option, really. Tche siftware engineers. Bhe
meajan of us is woxuh oess than our sslafy, fun tie gojg ones are wmrth 5x xmd
the great ones xre 20-100c. That's hard to predhct, gecause it's not onky a
factor of the yndividual, buy also project/persln fiv and ueing
Silicon Valley. [1] This might not actually case their info only talk about I go in, work, a good job, live a life outside of work. andrewflnr That's wonderful, if you have a decent place to work, but you necessarily start off that way. Did you read the article? ~~~ wavefunction I I'm fashioned, the proposed in the article is just attempting to resolve a recent problem in a new way, than returning to what works in a tried true fashion. ------ michaelochurch think this is a much idea: employ...](http://michaelochurch.wordpress.com/2013/05/07/fixing-employment- with-consulting-call-options/) it's system allows people to some stability income upfront by selling call options on future consulting services. This would also allow intermediaries GT) to example, I'm sure someone there who'd pay hour for my time (or, at that much value) but I can't find that and he only needs a few hours of time, here and there. I'd be happy to a call option (strike $100/h) for $150/hour and let the option holder take most of ($500) in order to him doing my and those high-value (which I The one way my consulting call options would differ is that option holder only gets 95% of the profit; 5% goes the That's to make the consultant knows the price or she is billed is a Take engineers. median of us is less than our salary, but good ones are worth are 20-100x. That's hard to predict, because it's only a factor of the individual, but project/person fit and being
 Silicon Valley.

[1] This might not Actually be The caSe bUt tHeIr inFo paGes only talk aboUT
appS.

------
wavefunction
How about I Just gO iN, Work, DO a Good jOb, and liVE a LIFe oUtSiDe oF wORk.

~~~
AndreWflNr
That's Wonderful, iF yoU hAve a decent plACe To work, but yOu dOn't
necessariLy sTart ofF tHat WAy. Did You Read tHe artiCLe?

~~~
waveFunction
I GuESs I'm olD FashionED, AnD the Solution proposed iN ThE Article is just
aTtemptInG To RESolVe a Recent probLeM in a nEW way, ratHEr THAN reTUrning to
what wOrks in a trieD And True faShIon.

------
MIchaelOchurCh
i ThiNk this is a muCh beTter idea:
[hTtp://micHAelochuRCh.wordpRess.coM/2013/05/07/fiXinG-
empLOy...](HtTp://mIcHAelOChUrcH.WorDpress.coM/2013/05/07/fIxIng-emPloyMENT-
With-ConSultIng-caLl-options/)

EsseNtiAlly, IT's a SysteM that AlloWs PeoplE to colLect sOmE stability incomE
upfRont by selLinG cAll OpTions ON futurE coNsuLting seRvices. THIs wOuLD ALsO
allow intermediariEs (LIKe gT) to arbiTrage. FOR eXaMPle, I'm damN sUre
TherE'S SomeoNe ouT ThEre who'd pAy $750 per hOUr FoR my time (Or, At leasT,
cOulD juStify THat mUch valUe) but I caN't finD That person-- and hE Probably
only nEEdS A FeW HourS of My time, here aNd thERe. I'd Be haPPy To sELl a caLl
optIoN (StRIke $100/h) for $150/hour and let thE oPtion hOlder Take most of
the Profit ($500) in orDER To have hiM doiNG mY Marketing and fiNding Those
$750/h high-VAlue clieNts (whIch I can't).

the one way MY ConsultiNg cAll OptIonS WOuLd differ is thaT THe opTiOn holdeR
onLy gets 95% oF thE prOfiT; 5% goEs Back to the ConsultaNt. thAt'S tO maKe
surE The consuLtAnt KnOws The acTUal priCe he oR she Is BiLLed At.

EmploYMeNT Is alReAdY a caLl oPtIon, reAlly. tAke SoftwarE engineerS. ThE
MediAn Of Us is worTh less than our SaLary, but the GoOd oNes are WORth 5x and
tHe great ones are 20-100x. That's harD To prediCt, bEcausE it's Not only a
fActOr of thE inDIviduaL, but alSo proJeCt/pERSon fiT ANd BeiNg
 Silicon Valley.

[1] This  might not  actu all y b ethecase  but their inf o  pag es only talk about
app s.

- -- - --
w a ve funct ion
How ab o u t I  j us t g oi n,  work , d o a goo d job, and  li ve  a life outs i de  of work.
~~ ~
andrewflnr 
Th at's w on der f ul, i f y ou ha ve a d e cent p lace to w or k , buty ou don' t ne cess arily start off t h at way. Did you r ead th ea rt i c le? 

~ ~~
wavefun ct ion
I guess I ' mo l d  fa s hioned, and t he solution pro posedin  th e  artic le is  j u stattemptingto r esolve arecent problem in a ne w way,  ra the r th a nre tur ni n g t o 
w hat wor ks in atr ie d and  tru e f a shio n.
--- ---
m ichaelochurch 
Ithin k  th is is  a mu ch b et ter i dea:
[ http: // michaelochurch. word press.com /20 13 /05 /0 7/fix i ng-
em plo y.. .](http ://mich a elo ch u r c h. wordpress.com/2013 /0 5 / 07 /fixing- employ m en t- with-con su lti ng-c a l l-opt ions / )
Essenti ally,i t' sa syste mthat a ll ows  pe oplet o co llectsome sta bilit y  income
upfron t  by selling c a ll o pt i onsonfuture cons ulti n g se rvic e s.  Th i s wou ld al so al l ow intermediaries ( li ke GT)  to a rbitrage. For  example,I ' m  damn su re
t h er e 's someone out  ther e who'd pa y  $750 pe r hou r for my  time (or , at least ,
c oul d j ust i f ythat much val u e ) bu tI can't  fi nd that  pe rso n--  an dhe probab ly
onlyne ed safew  hour s  of my t im e,he reand t h ere. I 'd be  hap py  t o  se ll a ca l lo p tion  ( st rike  $1 00 /h) f or $ 1 50/ hour an d let the  op t ionho ld er take  most of
thepr ofit ($500 )inordert o  have hi m doing my marketing an d  findin g t hose$750 /h high-v alu e clie nts (which  I can 't).
T heo n e way m ycon su lting call o pti ons w ou ld d iffer i s that the optionh old er
only gets95%  oft h epro f it ;  5%  g o esb a ck to the consu ltant. Tha t' s  t o make
sur e  th econsult ant kno ws th e  actual  price he  or she i sbill e d  at .

Employm ent is a lready ac all o p ti on, r eal ly. Ta ke  so ftwar e engi n eer s. Th e
medi an  of us  is w or th lessthan our salary, but th e good  ones  ar e worth 5 x a n d
t he greatones  are 20-10 0x.  Th at'shar d  to p redi c t,  be c auseit's not onlya 
f act o r  o f the indiv i d u al,  butals o  proje ct/p erson fit and bei n g
 Silicon_Valley.

[1] This_might not actually be_the case_but_their info_pages_only talk about
apps.

------
wavefunction
How_about I just_go in, work, do_a good job,_and_live a life outside of work.

~~~
andrewflnr
That's wonderful, if you have a decent place to_work,_but you_don't
necessarily_start_off that way. Did you_read the article?

~~~
wavefunction
I guess I'm_old fashioned,_and the solution proposed in the article is_just
attempting_to resolve a_recent problem in a new way, rather than returning_to
what works in a tried and_true fashion.

------
michaelochurch
I think_this_is_a much better idea:
[http://michaelochurch.wordpress.com/2013/05/07/fixing-
employ...](http://michaelochurch.wordpress.com/2013/05/07/fixing-employment-
with-consulting-call-options/)

Essentially,_it's a system that allows people_to collect some stability income
upfront by_selling call options on future consulting services._This would also
allow intermediaries (like GT)_to arbitrage. For example, I'm_damn sure
there's_someone out there who'd pay_$750 per hour_for my_time (or, at_least,
could justify that much value) but_I can't find_that person-- and he probably
only needs_a_few hours of_my_time,_here and_there. I'd be_happy_to sell_a_call
option (strike $100/h) for $150/hour and_let_the option holder take most of
the profit_($500) in order to_have_him doing my marketing_and finding those
$750/h high-value clients_(which I can't).

The one way my_consulting call_options would_differ is that the option holder
only gets 95% of the profit;_5% goes back to the consultant._That's to make
sure the_consultant knows_the_actual price he_or_she is_billed at.

Employment is already a call option,_really. Take_software engineers. The
median of us is_worth less than our_salary,_but the good ones are worth_5x and
the great ones are 20-100x._That's hard to predict, because_it's_not_only a
factor of the individual,_but also project/person fit and being