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Netflix founder Reed Hastings on why startups should offer severance packages
Severance packages are unusual for startups, but as Reed explains, Netflix has offered 3+ month severance packages since inception:
“It’s real money, but it’s worth it… You’re going to spend three months managing t... See more
Startup Archivex.com
The central point of the post below is that risk is the product of venture capital, and some managers understand that better than others.
Many of the replies talk about the futility of 'financial engineering', and how concepts like portfolio construction are less relevant to early stage VC due to the greater uncertaint... See more
Netflix founder Reed Hastings on why startups should offer generous severance packages
“Our minimum [severance package] is four months… That does a couple of things: (1) It makes the person feel better about it because they know it's a material amount of money. (2) We get a legal release in exchange for that. So, despit... See more
Antonio Gracias on investing in companies that benefit from choas https://t.co/LbAjX3DMbt
