When Are Founders Just Employees?

09/11/2020 28 min Episodio 80
When Are Founders Just Employees?

Listen "When Are Founders Just Employees?"

Episode Synopsis


In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about how founders struggle to negotiate their compensation, what should happen in cap table discussions, and why founders should rethink how they get paid.     Listen in to get an idea how founders benefit more from their company!Sign up for the Startups Newsletterhttps://www.startups.com/newsletterWhat to Listen For00:00 Intro00:50 What's going through your head?02:21 When it isn't worth it anymore06:02 The cap table discussion 09:26 When the thing you're most excited about is gone11:46 Don't disincentivize employees by cramming them down18:00 Have a conversation with investors to set the process you need to adhere to21:25 Negotiate comp packages based on milestones23:27 Founders should rethink how they get paid25:12 What will make you keep working in the company?