Business
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/begin Join our Network of Top Founders Send an email to therapy@startups.com What to Listen For 00:00 Intro 00:49 People that are earning but aren't’ present 03:46 The absentee landlord 07:39 Founders didn’t realize they have an option 10:04 Doing the same work with less of an outcome 12:33 Equity is compensation 16:46 How can you get compensated for staying? 20:44 You continue to work to create value for the equity 23:57 You can’t be compensated for life if you leave 28:07 Can’t be compensated daily if you aren’t contributing daily 31:58 You’ve got two options 34:56 Typical when the company is raising money, it’s already running out of money 37:00 Your contribution depreciates as time passes 40:30 The compensation you get when you stay