“They asked me for $20,000 and it was a public company. So they bought stock and that stock became the carrot that was supposed to hold me in place for about five years.”

Restaurant Unstoppable with Eric Cacciatore · 1295: Ed Doherty, Founder of One Degree Coaching

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What was described

required managers to invest $20,000 to buy company stock, creating a five-year contract that acted as a carrot for ownership

$20,000

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♫
Said on The a16z Show
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