I’m hoping that when your $25 million or $50 million exit comes along I can convince you (if I believe it) that we should swing for the fences and create a larger company. If I really believe it I ought to let you earn now by taking money off of the table. I have already written about this. I believe our incentives need to be aligned at this point in time. You need to have your “feed the family” money so that you want to swing for the fences. You also need to believe that the higher outcome is possible. If I’m not willing to let you take money off of the table and if I’m not willing to put more money into the company to help you achieve your goals then how convinced am I really about the upside?
Mark Suster laid out a whopper on “The Patzer Problem” thing that’s been going around.
With almost every post he writes, I like Suster more and more.
1 year ago
