When Are Founders Just Employees?
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 For
00:00 Intro
00:50 What's going through your head?
02:21 When it isn't worth it anymore
06:02 The cap table discussion
09:26 When the thing you're most excited about is gone
11:46 Don't disincentivize employees by cramming them down
18:00 Have a conversation with investors to set the process you need to adhere to
21:25 Negotiate comp packages based on milestones
23:27 Founders should rethink how they get paid
25:12 What will make you keep working in the company?
