We closed the round two months ago. I just brought on 3 employees. It's not diluting me or costing me anything. My employees are exchanging a small portion of their stock comp for this guaranteed severance; investor will wire money into segregated escrow accounts that both me and the employees can see.
In the worst case scenario if the business fails and if my employee has been loyal then they get their 3 month severance. If they leave anytime in the next 2 years, they get none of that money. Money comes to the business instead
tixu1990|2 years ago
In the worst case scenario if the business fails and if my employee has been loyal then they get their 3 month severance. If they leave anytime in the next 2 years, they get none of that money. Money comes to the business instead
jfduncan|2 years ago
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