I will be starting a new company, and I am need of the best programmers around. There will be no immediate compensation; however, I am willing to offer shares in the company. Also, once the company becomes profitable everyone involved will be justly compensated. Please only hard working, dedicated, interested individuals reply to email@example.com .
No that is not slavery as no "Immediate" compensation will be given, but compensation based on how the company thrives. Many programmers who have worked on games have had a similar situation where they receive a percentage of the profits from the release of a game they are working on.
I am willing to offer a percentage of the company to the team, and as GFreak 45 stated that will entitle them to net profits. Due to the nature of the project I don't want to go into too much detail in the forum post. However, the goal is to develop an intuitive database.