Chapter
Risk vs. Reward: The Value of Equity in Late-Stage Startups
04:50 - 07:26 (02:35)
Late-stage startups, compared to their early-stage counterparts, are more likely to offer significant equity compensation that has a defined value and less risk of going to zero, basing compensation less on cash and more on equity.
Clips
Jason Fried, CEO of Basecamp, tweeted that employers shouldn't offer equity to employees, suggesting that companies should focus on paying and treating employees well with great perks and work-life balance.
04:50 - 05:57 (01:06)
Summary
Jason Fried, CEO of Basecamp, tweeted that employers shouldn't offer equity to employees, suggesting that companies should focus on paying and treating employees well with great perks and work-life balance. However, some argue that equity is a vital tool for wealth creation in the tech industry.
ChapterRisk vs. Reward: The Value of Equity in Late-Stage Startups
Episode#52 - AI Teachers, Deskless Workforce & The Passion Economy with Zak Kukoff
PodcastMy First Million
Late-stage startups are the companies that offer defined equity to their employees, making it a better option in terms of job security and potential earnings.
05:57 - 07:26 (01:29)
Summary
Late-stage startups are the companies that offer defined equity to their employees, making it a better option in terms of job security and potential earnings. Although cash compensation may be a bit lower, the equity portion of the job offers a significant upside that could pay off long-term.