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The Right Way to Lay People Off

Ben's Blog

outcome with no recapitalization. share, unlimited bad press and 3 separate layoffs where we lost a total 400 employees, he was most amazed by the layoffs. After seeing their friends laid off, employees were no longer willing to make the requisite sacrifices needed to build a company. Here’s how. Step 1: Get your head right.

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Startup Founder Agreements

blog.simeonov.com

This can be a convenient shortcut to separate someone’s status (founder) from their role (employee or contractor or advisor, etc.) They have voting rights which may entitle them to force or veto certain key decisions, e.g., hiring or firing the CEO, selling the company, raising money, etc. Which founder agreement?

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Silicon Valley Frontlines: Two Tales of "Working For Equity"

philipsmith.typepad.com

While there have been times in the last dozen or so years, usually during times of venture capital excess, that cash to founders, early-stage executives and other key employees has matched regular market compensation (still with the upside of the equity), this is not true in the vast majority in the start-up game. Don't get me wrong.

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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

Or they bring you a handful of great employees. Advisor compensation Whether you’re hiring a normal advisor or super advisor: Advisory shares are usually issued as common stock options. They’ll bring you leads for customers, employees, and investors. Super advisors help make your company happen.

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On the Road to Recap:

abovethecrowd.com

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. And there are also modern examples of investors beating the founders and employees out the door.

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