Your ESOP is a fundraising document. Most founders treat it as a HR perk

T2Covered by 1 source · first reported by SEA: e27 / Vulcan Post at 16 Oct, 04:00 UTC

Almost every founder I meet reaches the same conclusion at roughly the same moment. You cannot outbid a funded competitor on salary, so you give people a stake in the outcome instead. The logic is sound. Equity turns salary-limited hires into owners and aligns the people doing the work with the…

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• T2Your ESOP is a fundraising document. Most founders treat it as a HR perkSEA: e27 / Vulcan Post16 Oct, 04:00