“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
David Senra · The Prof G Pod with Scott Galloway · David Senra on What Drives Founders, What It Costs Them & When They Should Sell
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
Gives employees two to three times the equity they would receive at a typical venture-backed startup.
2-3X equity
“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.”
“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.”
“We can do in five seconds with verification, something it would take typically five year analysts two weeks to previously do.”
“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.”
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.