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by aub3bhat
3538 days ago
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Hahhahah if you think having a Nobel award winning professor is not a great investment, you frankly don't understand how world works. There are Universities in some part of the world that will gladly pay more than what Edinburgh U. could, just to have him listed on the website. Actually I have met people who did put in hard work in the initial years of a Unicorn statup. Guess what the value of their equity greatly exceeds the salary. And if the startup were to even kick them to curb they would live happily on their enormous earnings. Doing great research to an extent is similar. |
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I didn't say Nobel Award winners AREN'T a good investment. I said this one WASN'T. The University clearly thought he was going to produce. He didn't, and they were unhappy... with the return on their investment in him.
Right. The equity of early employees is high. My example wasn't about compensation, clearly. It was how long you continue to keep an underperforming employee in a position just because they did good work in the past.