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I read this, and it is a good argument but should this also apply to founders? If you make $50m say in an exit will you take $50m minus what you sacrificed in
by quickthrower2 5y ago
I read this, and it is a good argument but should this also apply to founders?
If you make $50m say in an exit will you take $50m minus what you sacrificed in salary terms for being a founder and give it away. Lets say $49m you give away.
Then it would be fair because you have then earned the same as the location based earnings the employees get.
Also, it makes sense that in a company that rewards employees financially for living in high COL locations, that Goodharts law applies and you get most employees living in high COL where possibly they make money through real estate acquisition made possible by the higher salaries etc. as well as nice disposable income for investment / 401k etc.