I like your approach! It would be nice to at least offer them a bed in your broom closet. When we were starting out we paid our summer interns a little above minimum wage (one of their mom's was a tough negotiator) and let them sleep on our couches.
They still talk about it as one of the best summers of their lives, and for the ones that didn't stay with us, it definitely helped them get better jobs later in life.
Part of your pitch should be (and might be) an involvement in more than just low level coding so that you attract people who understand that working for a startup at such a raw stage will be a unique experience that both you and they hope will be priceless.
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I like your approach! It would be nice to at least offer them a bed in your broom closet. When we were starting out we paid our summer interns a little above minimum wage (one of their mom's was a tough negotiator) and let them sleep on our couches.
They still talk about it as one of the best summers of their lives, and for the ones that didn't stay with us, it definitely helped them get better jobs later in life.
Part of your pitch should be (and might be) an involvement in more than just low level coding so that you attract people who understand that working for a startup at such a raw stage will be a unique experience that both you and they hope will be priceless.
I can't tell if this comment is serious or not.
100% serious. One of them still works for us, 10 years later.