Your ESOP is a fundraising document. Most founders treat it as a HR perk

Almost every founder I meet reaches the same conclusion at roughly the same moment. You cannot outbid a funded competitor on salary, so you give people a stake in the outcome instead. The logic is sound. Equity turns salary-limited hires into owners and aligns the people doing the work with the value they create. Then […] The post Your ESOP is a fundraising document. Most founders treat it as a HR perk appeared first on e27.