You might not need to have a _formal_ process at that size, but it would be good to have some kind of plan to recognize and reward the employees (she's an emplo

You might not need to have a _formal_ process at that size, but it would be good to have some kind of plan to recognize and reward the employees (she's an employee, not a founder) who excel. There are lots of startups that don't get this and lose early employees who realize that they've been working at the same pay and position forever, even as the company has grown around them. Again -- maybe not a formal program, but she's not crazy for wondering if pay/promotion are something on the founders' minds.