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by PragmaticPulp
2132 days ago
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> VCs are obsessed with finding people they can underpay via selling them on their “vision” and “impact”. They claim they can’t compete with Google and Facebook on comp, but the truth is they don’t even try to do so by offering fair equity deals It’s not the VCs, it’s the founders making these calls. Most VCs have no problems with their companies paying market rate for top talent. It’s usually the founders who think they can extend their runway and minimize their own equity solution by minimizing compensation. Its often the founders, not the VCs, who try to negotiate for smaller employee equity pools. |
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