We get paid monthly after they get a job, so we need them to be hired for at least two years before we’re repaid. We intentionally align incentives so that they need to be successful for us to make money.
They have a month or so to get on their feet first, then monthly
-
-
and say they can't keep their job - a couple of months in (like a probation period ends and they're not deemed fit) - what happens then? (last question I promise :) )
-
Payments stop, we wait for them to get back on their feet. See https://lambdaschool.com/blog/how-income-share-agreements-work-whiteboard-friday/ …
-
That's amazing, thanks for your answers
@AustenAllred I will make sure to send some people your way from ATX!
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.