Commentüs on: The F|R Interview: Chris Michel on the Good in Giving Your Equity Away http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/ The Business of Technology Fri, 05 Dec 2008 18:00:58 +0000 http://wordpress.org/?v=MU hourly 1 By: Affinity Labs Employee http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/#comment-883882 Affinity Labs Employee Mon, 16 Jun 2008 08:11:35 +0000 http://gigaom.com/?p=13651#comment-883882 I agree that it is a very altruistic gesture, and one that more CEO's should take heed of. It also sets a fantastic example, in case any of the aforementioned senior managers do leave to start their own company. They'll remember. I agree that it is a very altruistic gesture, and one that more CEO’s should take heed of. It also sets a fantastic example, in case any of the aforementioned senior managers do leave to start their own company. They’ll remember.

]]> By: Mekin http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/#comment-882812 Mekin Mon, 09 Jun 2008 11:47:44 +0000 http://gigaom.com/?p=13651#comment-882812 How many successful serial entrepreneurs are able to attract members of their earlier teams to their new ventures ? I am not sure if there is such a stat. publicly available, but my gut says this kind of a measure by a founder would strongly impact it. When you are working for a startup, you have put in a lot of faith in the founders, that they will take care of you - no matter what happens. In my view, the best possible way of redeeming that faith is the act that Michel performed - reward them for their efforts & faith. All his senior managers (their friends, anybody who read this article) would jump at an opportunity to work with him again. Given that most startups last ~2-4 years, while most careers last 30-35 ... I think its a great investment. How many successful serial entrepreneurs are able to attract members of their earlier teams to their new ventures ?

I am not sure if there is such a stat. publicly available, but my gut says this kind of a measure by a founder would strongly impact it.

When you are working for a startup, you have put in a lot of faith in the founders, that they will take care of you - no matter what happens.

In my view, the best possible way of redeeming that faith is the act that Michel performed - reward them for their efforts & faith.

All his senior managers (their friends, anybody who read this article) would jump at an opportunity to work with him again.

Given that most startups last ~2-4 years, while most careers last 30-35 … I think its a great investment.

]]> By: Startup Equity and What You Stand To Make - Standard Deviations http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/#comment-882782 Startup Equity and What You Stand To Make - Standard Deviations Mon, 09 Jun 2008 06:41:41 +0000 http://gigaom.com/?p=13651#comment-882782 [...] of the most frequent questions I get about the startup world, and Chris Michel covers it well in this F|R interview, so I’m quoting here: Typically VPs of early-stage companies get between 1 percent and 1.7 [...] [...] of the most frequent questions I get about the startup world, and Chris Michel covers it well in this F|R interview, so I’m quoting here: Typically VPs of early-stage companies get between 1 percent and 1.7 [...]

]]> By: people who want to give away money http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/#comment-882513 people who want to give away money Sat, 07 Jun 2008 02:30:54 +0000 http://gigaom.com/?p=13651#comment-882513 [...] founders should not be afraid to give additional equity disbursements ?? out of their personal stakehttp://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/On the teen work scene The Wilmington Star-NewsHannah White, Belinda Prevatt and Amanda Teague are [...] [...] founders should not be afraid to give additional equity disbursements ?? out of their personal stakehttp://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/On the teen work scene The Wilmington Star-NewsHannah White, Belinda Prevatt and Amanda Teague are [...]

]]> By: Give away your equity! http://gigaom.com/2008/06/06/the-fr-interview-chris-michel-on-the-good-in-giving-your-equity-away/#comment-882484 Give away your equity! Fri, 06 Jun 2008 23:51:34 +0000 http://gigaom.com/?p=13651#comment-882484 [...] to three key senior managers at his company Affinity Labs, which was later sold to Monster.com.  In this interview, Mr. Michel talks about his reasons for giving away the equity, and why the gesture ends up being [...] [...] to three key senior managers at his company Affinity Labs, which was later sold to Monster.com.  In this interview, Mr. Michel talks about his reasons for giving away the equity, and why the gesture ends up being [...]

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