alexbrower
1) you can paste bullet points from your pricing page directly into it and you’re not being dishonest by doing so
2) you have developed a champion internally (in which case, the bullet points from your pricing page should be pasted into it)
If you’re selling into an enterprise and haven’t reached a security or procurement review, but have been asked for a lengthy RFP response, focus team effort elsewhere.
Better to take external advice on typical team sizes / talent needed to achieve specific milestones specific to your business. Hire to get meaningful work done. Not based on a funding-centric "target" org chart.
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(Have been using / recommending Hemingway App for a few years. Great product.)
They all promise "unbiased reviews" but aggressively offer a company's "confirmed users" a variety of small fiduciary benefits to leave a review (gift card here and there).
Then, they upsell the B2B vendor on the ability to manipulate those reviews; e.g., you pay an extra fee to triage negative reviews by telling customer support "nope, not a confirmed user - please remove."
For whatever reason (probably sheer traffic), these B2B review sites have high domain authority scores. So even where marketing teams agree that paying for reviews is BS — there can arise an incentive to pay for reviews from an SEO perspective.
Realizing that this idea is fraught with challenges for B2B customers and vendors: is there an open source protocol that could anonymously verify that a user is _actually_ a current or former user of a given service?
Chickens and eggs...
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(Disclaimer: long-time operator and fledgling programmer)
But the biggest benefit to the last remaining employees and board members (particularly those who are Directors or Officers) is reduction in liability around the details of shutting down a business. It's not about the thousands of dollars you get for the office furniture. By the point a company does an ABC, payroll obligations are likely the only category of liabilities to impact any employee still involved.
A firm like Sherwood will in fact readily offload that stuff to the most reputable firm who can haul it away, whatever is most efficient.
It's the forgotten obligation that Sherwood helps protects you from (e.g., rent payment, tons of small bills). When that bill shows up after you have had the hard conversations with stakeholders, that's yet another reminder to your investors that things went south. (Sherwood gets the missed bill and pays it out from a carefully planned escrow and based on a wind-down agreement that your investors signed off on). Much preferable to all of your investors notifying _you_ of an outstanding obligation. Firms like Sherwood play an important role in allowing all of us to move on with life.
There are several details here I'm skimming over that someone at Sherwood would correct me on, but hopefully this is helpful.
Sherwood=good guys who help startup people move on. Hopefully you have your business well-organized. Sherwood has the process down to a science.
[EDIT]: 'who pays for this?' There's typically a negotiation between the remaining creditors with voting rights (your board members at time of wind-down), but the cost of a firm like Sherwood is small compared to the risk of you trying to shut down your startup in your spare time. (Don't do that.)
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Prior to being in a position where I pretty much _had_ to work from home certain days, I found it unnatural. I couldn’t imagine not going into the office... Getting the workspace right helped. Leveraging communication tools helped replicate the hallway conversations I missed a lot initially. (Quick video calls > chat > email).
Correct. Headcount is a figure that represents a company's means. If you're tracking it as an end result, you end up having to make hard decisions or someone makes them for you.
The transparency is commendable. A couple other observations:
- Affected employees had an average salary of $58.5k (assuming your metrics is net of benefits and payroll tax). If this is annualized, it appears you let go of non-engineers. Set goals and performance expectations for those who remain, especially those who build your product.
- Stop publicly promising salary increases altogether. Promote people based on their ability, not an artificial loyalty policy. Some people deserve 10%+ raises, some you'll find are overpaid. Use a basic job ladder and put the burden on managers to justify comp changes.
- If the policy of granting vacation bonuses was for recruiting purposes, you've successfully attracted people who want to be paid not to work. Again, implement a corporate bonus program and set goals for staff.
Best of luck.