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They're not getting that kind of equity upside from not-startups.

Note that you are valuing them more than folks who are actually producing the first version of the product. Do you really think that the VP of HR is more essential than a lead engineer?




yes, once you get to a certain size (or for corporate counsel, start doing big or complex deals)

and the best corporate counsels and HR people get very good compensation from not-startups.


> yes, once you get to a certain size (or for corporate counsel, start doing big or complex deals)

> and the best corporate counsels and HR people get very good compensation from not-startups

We're talking about startups....


Fred's talking about startups that take venture funding, who frequently do grow to this level.




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