The Comp Divide: First-Time vs. Repeat Founders
What seasoned founders know about compensation — and first-timers learn the hard way.
The Comp Divide: First-Time vs. Repeat Founders
They had to stop hiring just to fix the mess they created.
A 3x founder told me this after startup #1.
They thought if the mission was strong, talent would follow. That early hires would “get it” (see “missionaries vs. mercenaries”). That people would trade cash for cause. Six months later, they were bleeding…
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