Both Sides of the Table
JANUARY 5, 2010
It’s lost salary for a period of time. I joined GRP Partners in 2007 before they raised their current fund (we closed a $200 million fund in March 2009). Pay me half salary until the fund is closed. I figured that the alternative was that I start my third company with no salary and all risk. And I’ll take the risk.
Both Sides of the Table
SEPTEMBER 29, 2009
It helped me avoid chasing deals (and a house) in 2007/08 and it led to GRP’s fastest pace of investment in many years in the first three quarters of 2009 at a time when many others weren’t investing. But imagine a VC that did 12 deals per year in 2006, 2007 & 2008. The deal was done in late 2007.
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Both Sides of the Table
NOVEMBER 14, 2010
The price of property has an inherent value tied to two factors: 1) the rental rate you could charge for your property and 2) annual salaries in a given geography. Most of these companies will not get big enough and earn enough profits to pay big enough salaries for teams. You’re stuck in the past.&#. I avoided much of this.
Board Effect
JANUARY 3, 2020
A 2007 National Nonprofit Ethics Survey showed that just over 50% of nonprofit employees had observed at least one act of misconduct within the prior year. Is it ethical to support a nonprofit where leaders are paid more than a modest salary? Unethical behavior erodes confidence in nonprofit leaders and breaks down trust.
bizthoughts.mikelee.org
MARCH 8, 2012
Although most aren’t in a place to be startup cofounders for financial reasons, I now have access to a large talent pool once I can offer a salary. Many of us have said we’d love to work with one another again. With all the funded startups that are unable to hire, that’s a huge ace up my sleeve.
Altgate
OCTOBER 1, 2010
To the right of that are five charts one each for: Current Equity Equity at Hire Base Salary Target Bonus Actual Total Cash Each of these bar charts shows the respective compensation for the management team on a percentile scale (compared to the cohort). I would love to hear your thoughts. Bookmark the permalink.
Entrepreneurs-Journey.com by Yaro Starak
MARCH 7, 2011
I had built up a small writing client base on nights and weekends, scrimped and saved every penny I could from my salary into a “buffer fund,” and set up a home office all tricked out in a writer’s must haves (computer, printer, chocolate stash). You’re too young to leave the rat race, aren’t you?
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