Re:1% Equity for Founding Engineers Is BS
by righthand on Monday February 10, 2025 @04:22PM
(#43005326)
Force people to sell when retiring and cap share ownership. I’m not suggesting a blanket single approach to each and every out lying problem you may encounter but I am saying the general idea of employee ownership could work out better than risking everything on a potential VC success story.
When creating an employee owned company these are great things to consider when drafting the agreement but I didn’t read anything from your anecdotes that suggests it wouldn’t be a successful model.
My comment was never about the employee base package requiring investment from the hired employee. I was commenting on offering the base and an additional package for bringing on an investor employee.
When creating an employee owned company these are great things to consider when drafting the agreement but I didn’t read anything from your anecdotes that suggests it wouldn’t be a successful model.
My comment was never about the employee base package requiring investment from the hired employee. I was commenting on offering the base and an additional package for bringing on an investor employee.