Good for owners of Mailchimp. Everyone else who helped build the company: pat on the head. With a "normal" startup, hundreds of early employees would become millionaires, start their own ventures, feeding back into the tech ecosystem. Ask. For. Equity. https://blog.pragmaticengineer.com/equity-for-software-engineers/ …https://twitter.com/ekp/status/1437516618553192449 …
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Replying to @GergelyOrosz
What would be your strategy for stock/equity if your company was entirely bootstrapped, enough cash on the bank and has no intention to sell?
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Replying to @jdiepenmaat
As a founder, the most sensible strategy is to not give up anything and maximize your profits. As a founder who cares about their reputation or the tech ecosystem: profit sharing + a clause stating around 10-15% of sale price will be distributed among employees, based on tenure.
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Replying to @GergelyOrosz @jdiepenmaat
I would aim for a 20% employee sale pool
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1:15 PM - 14 Sep 2021
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