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It seems like a dangerous route to take, to make some of your key employees rich before there's a proper liquidity event. I can only imagine what it will do to
by hugh 18y ago
It seems like a dangerous route to take, to make some of your key employees rich before there's a proper liquidity event. I can only imagine what it will do to their motivation and to the internal politics of the company.
Of course, very few startups find themselves in this position anyway, being worth billions but with no interest in selling at the moment.
- prakash 18y agoThat's one way to look at it, and I am sure some employees might leave after this. The other way to look at it is that it re-energizes the workforce and the early employees, makes them stick around longer, and gives some hope to the other employees that have joined later.