What experiences have you had with hiring friends who will work on the same team as you? Particularly when you'll be their boss?
Hire work-friends, don't hire friend-friends.
I think the right question is if you're willing to sacrifice a friendship if something goes wrong and we're talking about 50/50 possibility here right?
I had this experience in the past and before we lost our friendship we decided move on and sell the company. I'm glad we did that.
Personally I wouldn't and I won't do it anymore, I believe the friendship worth more much than any business or money.
Find good people and friends today is really hard, fight for it.
It's a great idea as long as you all want the same things. It's very similar to a relationship — don't get involved if you don't want to head in the same direction long term. If you all do, it will make for a really tight knit team and a great future for all of you.
I'd say go for it but if you're the one who needs them, then don't. that would end up badly as they think they are doing you a favour by saying yes then just slacks and does shitty work. (or in my case, not completing it at all)
And I have friends who worked out great and then we kept on building more awesome stuff together.
Being the boss is harder as there will be situations where you might favour them as compared to their colleagues.
But isn't friend recommendations why people get jobs nowadays?
It really depends on what you'll have your friends doing, but to mirror what other folks here have said...not a good idea. If they can separate the friendship from the work, that's great. Rare...but great.
At the begining it's all good.
Problem starts when you realize your friend is not good enough and you have to let him go. Way harder to do it than with a stranger.
Do! Charles Riccardi and I had a great time designing at a startup together. He was the first guy I hired onto my team.
For reasons beyond our control the company failed miserably.
We're still great friends and hang/chat/text every other day or so.