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If you have nothing in it why would you stay when things get tough? How can you ask investors and employees to invest in it if you aren't willing to? If you c
by sharemywin 9y ago
If you have nothing in it why would you stay when things get tough?
How can you ask investors and employees to invest in it if you aren't willing to?
If you can answer those questions and still keep a full salary then your all set.
- sharemywin 9y agoIf you have families you might be able to play the angle that your company has values and should be family friendly. And you want to work with people that share those same values. And that's how your going to attract better talent.
- cimmanom 9y agoIf your founders are spending their mental energy worrying that their kids will be homeless and starving because they can't pay next month's rent without a salary, how do you expect them to do their best work on the business or make decisions for the long term? Most VC-backed businesses aren't profitable in the short term, and even if they are you can't buy groceries in equity.