Had a call with @tsludwig a few days ago that's still reverberating in my brain.
He has thought more about finding, recruiting and incentivizing high-quality executives in small business than anyone I've ever met.
Honestly feel like I should have paid for the call.
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Tried once without equity - a bonus program the details of which I don’t recall, but that I liked at the time. Deal didn’t close, so never got to see how it would have worked out. Usually a combo of time- and performance-based equity vesting.
Nothing vests for a year right? Sufficient time to figure out you’ve got the wrong guy (happens no matter how good you are at hiring).
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That’s typically the case.
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Thanks!
End of conversation
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