“Important not to give equity to someone just because you can’t afford to pay them… cash is temporary, equity is forever”

The Lazy CEO Podcast with Jane Lu · Hairification: The Costly Mistakes Founders Make When Scaling a Business

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What was described

advocated not giving equity to co-founders or early hires just because cash is limited

Said nearby on the same subject

“Number one would be not taking equity out early enough… it costs you nothing to do that process… if valuations come back good, you can pull out cash to invest”
PN
Pat Noll
Equity Mates Investing Podcast ·
Contrarian take Share this moment
“We've got a mix of debt and equity because they serve different purposes… debt preserves shareholding, equity gives quick capital”
HC
Hello Clever
The CFO Track ·
“We raised money from influencers and we also gave them equity and in fact, paid them to promote in equity instead of cash”
TM
Thrive Market Nick Green
How I Built This with Guy Raz ·
Why it worked Share this moment
“You should never take on partners because you feel lonely… cash is temporary, equity is forever”
♫
Said on The Lazy CEO Podcast with Jane Lu
Contrarian take Share this moment

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