added by Mark Fishman · updated 2y ago
Employee-VC Alignment
- There are some phenomenal products in some of the companies that were overfunded and are haunted by past decisions. The valuations at which these companies raised capital set them on the wrong path - a path that fails to attract and reward critical talent, a path that incentivizes excess expenditure for growth at the expense of structuring a busine... See more
from The Great Sobriety for Venture Investing, Where To Start with AI, & Undeniable Data by Scott Belsky
sari added
- To grow as fast and as much as their stunning valuations required of them, too many start-ups have apparently ballooned out the balance sheet with expensive hires. Thank goodness we’ve decided it’s the cost of the people that’s the problem, and not the insane valuations and millions in venture capital that threatened to drown the fledgling business... See more
from VCs act wise as everyone in start-ups gets fired
Nick added
- Ownership, via employee stock option plans, has been a powerful tool for incentivizing talented people to dedicate their skills to building startups in Silicon Valley. While this model has been extremely successful, it hasn’t been accessible to all, constrained by geography and legacy financial infrastructure, among other factors. One result is tha... See more
from The Ownership Economy: Crypto & the Next Frontier of Consumer Software – Variant by variant.fund
sari added