If IPOs are getting significantly delayed and are potentially at risk of not happening at all,[1] we need to change how compensation is structured. Not sure th

If IPOs are getting significantly delayed and are potentially at risk of not happening at all,[1] we need to change how compensation is structured. Not sure that this is the best opening argument here. With things like the JOBS Act passing, Reg A+ and such getting off the ground, my hypothesis is that we'll see an acceleration in the rate at which companies are able to get to the IPO stage. If anything, in the short / near-term future, we'll see an increase in value of paper. The whole point of offering equity to shareholders and stakeholders is to have people (ownership theory) who are rooting for and/or willing to work toward group success. The problem, of course, is that executives at far too many companies use equity like a dangling carrot... demanding more than reasonable time for even a basic ROI for the people whose risks are the riskiest (early employees).