2 ms·
You say "save for ownership structure" like it isn't the most important thing in this case :) Because of their majority ownership, the power balance is very mu
by WJW 4y ago
You say "save for ownership structure" like it isn't the most important thing in this case :)
Because of their majority ownership, the power balance is very much different than with normal employees. It is typically not possible for employees to band together and fire a founder, but it is very possible for founders to fire employees. The risk assumed is also different: founders often put up significant chunks of their personal capital to get off the ground, but I have never heard of a startup employee being asked to put in extra money in order to get hired.