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Or just take an equity hit, raise a bigger round and pay people like Dan a rate nicely above what they can make elsewhere. Founders probably end up keeping more
by robryan 15y ago
Or just take an equity hit, raise a bigger round and pay people like Dan a rate nicely above what they can make elsewhere. Founders probably end up keeping more equity and the employee takes on less risk.
- donw 15y agoAgreed; or, offer some other form of compensation that makes the offer 'worth it' to Dan. This could mean reduced hours, company time to work on personal ventures, etc. You can have a lot of flexibility in hiring if you can offer your employees what they want, and that's not always money.