Startup Therapy
Startup Therapy
Startups.com
Beware of the Absentee Landlord in the Cap Table
43 minutes Posted Aug 23, 2021 at 9:00 am.
Intro00:49 People that are earning but aren't’ present03:46 The absentee landlord07:39 Founders didn’t realize they have an option10:04 Doing the same work with less of an outcome12:33 Equity is compensation16:46 How can you get compensated for staying?20:44 You continue to work to create value for the equity23:57 You can’t be compensated for life if you leave28:07 Can’t be compensated daily if you aren’t contributing daily31:58 You’ve got two options34:56 Typical when the company is raising money, it’s already running out of money37:00 Your contribution depreciates as time passes40:30 The compensation you get when you stay
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In today’s Startup Therapy Podcast, Wil and Ryan talk about what happens when you leave your Startup. You can’t simply assume that you’ll still be compensated for the equity without continuously providing value to the company’s growth. It’s a simplified Math problem. If you don’t work, you don’t get paid. If you’re not adding value, you won’t be compensated.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcast https://www.startups.com/beginJoin our Network of Top Founders Send an email to [email protected] What to Listen For00:00 Intro00:49 People that are earning but aren't’ present03:46 The absentee landlord07:39 Founders didn’t realize they have an option10:04 Doing the same work with less of an outcome12:33 Equity is compensation16:46 How can you get compensated for staying?20:44 You continue to work to create value for the equity23:57 You can’t be compensated for life if you leave28:07 Can’t be compensated daily if you aren’t contributing daily31:58 You’ve got two options34:56 Typical when the company is raising money, it’s already running out of money37:00 Your contribution depreciates as time passes40:30 The compensation you get when you stay