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Not only that, but the founders themselves took a 40% pay cut each for the next year. That says to me that they value their employees enough that they chose tha
by bovermyer 10y ago
Not only that, but the founders themselves took a 40% pay cut each for the next year. That says to me that they value their employees enough that they chose that route rather than lay off an additional person. It's a strong gesture.
- deleted 10y ago[deleted]
- abglassman 10y agoAnd the founders each loaned the company $100k out of their own pockets at "the lowest possible interest rate." There's a lot of laudable humility and self-accountability in this post and the actions they've taken.
- qmr 10y agoI read that as weasel word bullshit. The lowest possible rate would be 0.