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Ivy League MBA here. I completely agree. And so far we are missing the two other points - fairness and fun. It's simply the right thing to do to get everyone
by lancewiggs 15y ago
Ivy League MBA here.
I completely agree.
And so far we are missing the two other points - fairness and fun.
It's simply the right thing to do to get everyone onto the bus, to let everyone share in the upside of a start-up. Sure the amounts of options can vary between employees, but it's just not fair to be stuck on a salary while everyone else around you gets millions from an exit.
The second reason is fun. Isn't it a whole lot more fun to come to work where everyone has a stake in the company? Wouldn't it be wild fun if your company did an exit or IPO and everyone came to work with a huge smile on their face?
For the sake of giving up a little bit of founder equity we can create an environment that is not only a lot more fun to be in, but is potentially life-changing for everyone and their families. Thinking anything else can lead to the situation that Wall Street is in now.