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This is exactly the reason why NYC is an awful place for technical founders, and part of the reason why I left. Zed Shaw has blogged about this incessantly - even when someone tries to recruit you as a technical cofounder, the usual treatment you get is "Look, you like making technical decisions? Great! All the technical decisions will be yours. You will be my pet technical-decision-making code monkey, here's 10%". Yuck.

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The situation with an MBA trying to get a tech guy for 10% (usually much less, actually) happens just as much in the Bay Area. In fact the culture of the first dot com boom was almost entirely comprised of startups structured like this.

There are more opportunities for nerd/nerd startups in the Bay Area, though.

Also, this article is a good example of a dude you want to avoid working with.

Is this something that's prevalent in the NYC startup landscape, more so than anywhere else? If so, that's unfortunate.

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