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You mentioned below that all employees get equity, but it also sounds like you guys are quite happy with the growth you're having and are in it for the long-hau
by frederickcook 16y ago
You mentioned below that all employees get equity, but it also sounds like you guys are quite happy with the growth you're having and are in it for the long-haul. (Incorrect?)
Do you expect to ever have a liquidity event (sell the company), or is there some proportionate profit-sharing plan with the equity?
- mojombo 16y agoRight now we're focused on building the best team and making the best product we can. If this should lead to an attractive acquisition offer at some point in the future then we will surely consider it as a company and weight the benefits and drawbacks. We don't currently have a profit-sharing plan in place, but depending on the future direction of the company, it may be appropriate to put one in place. All of these things are too nuanced to make general predictions at the moment.