4 ms·
What? You give stock as a way to manage retention of talent not funding. Mailchimp benefits from a market (GA) not saturated by competitive hiring.
by cmorgan31 5y ago
What? You give stock as a way to manage retention of talent not funding. Mailchimp benefits from a market (GA) not saturated by competitive hiring.
- graeme 5y agoSuppose you could pay an employee $200,000 or $150,000 + stock options. If the two options were rationally considered equal that would mean the missing $50,000 NPV of the employee’s salary would be paid by future investors once they bought the shares. Either in an IPO or in this case by the acquiring company. Options are also a method to retain and incentivize talent, but they’re certainly a form of funding.
- elif 5y agoAbove market salary is also a way to retain talent.
- cortesoft 5y agoFor retention, you can do deferred cash bonuses. Doesn’t have to be stock.