Episode description
In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about how founders struggle to negotiate their compensation, what should happen in cap table discussions, and why founders should rethink how they get paid.
Listen in to get an idea how founders benefit more from their company!
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What to Listen For
- 00:00 Intro
- 00:50 What's going through your head?
- 02:21 When it isn't worth it anymore
- 06:02 The cap table discussion
- 09:26 When the thing you're most excited about is gone
- 11:46 Don't disincentivize employees by cramming them down
- 18:00 Have a conversation with investors to set the process you need to adhere to
- 21:25 Negotiate comp packages based on milestones
- 23:27 Founders should rethink how they get paid
- 25:12 What will make you keep working in the company?