“I give on average employees two to three X the equity they would get at a venture backed startup because I'm the venture capitalist.”

David Senra · The Prof G Pod with Scott Galloway · David Senra on What Drives Founders, What It Costs Them & When They Should Sell

Play from 34:25
34:25

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Gives employees two to three times the equity they would receive at a typical venture-backed startup.

2-3X equity

Said nearby on the same subject

“Every year around Christmas, he would give every employee $100 for every year that they'd been there… now we're giving out, like, $2,000 in cash.”
♫
Said on Think Like an Owner
Why it worked $100 per year, up to $2,000 Share this moment
“The people who are working at the firm would be partners in the firm. They're paid in equity, not income. They would be member owners, but they would be paid both a base rate and paid residuals.”
BS
Bhaskar Sankara
Odd Lots ·
How they work Share this moment
“We can do in five seconds with verification, something it would take typically five year analysts two weeks to previously do.”
♫
Said on True Wealth: money & business podcast
Why it worked 5 seconds, two weeks Share this moment
“We've been able to negotiate that down in some cases. But one or two cases, depending on your category in coffee, it's two cases, which is astronomical, that you would send thousands of units and not receive any money on it.”
♫
Said on Road 2 Retail
Pricing two cases Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.