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Educating Startup Employees About Equity Is As Important As Giving It

Friday, August 9, 2019   (0 Comments)
Posted by: Sandy Thomas
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This is the final article in a three-part series on the benefits of giving all startup employees equity. See the first piece here and the second one here.

A year after I moved to Chicago, I attended a women’s networking event, where an employee of a recently-acquired startup entered the room. Folks were excited to see her, congratulating her on the exciting news and asking questions about what life was like post-acquisition. 

Among other changes, she talked about how they were preparing to double their team to 50 people, leading me to believe that she was a rather early employee. I had never met her but was impressed by and happy to celebrate this 20-something woman who had helped drive a startup to a successful exit. 

When she and I introduced ourselves, I congratulated her and said I hoped she did well in the acquisition. To my surprise, her response was to brush off my comment and say, “Oh, we’re not a publicly-traded company.” 

Read full article here....

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