When you become a parent, your risk profile changes immensely. I can hire some of the world’s best people tomorrow if i can promise them equal salary, benefits and retirement accounts for a set number of years. Plus the benefit of a large upside if it works. Most startups offer lower salaries and abysmal benefits. Security matters.
replyI still don’t get it. It sounds like the business plan is to fund companies so they can offer compelling employment. That’s great but that’s no different than any other VC.
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