The question the CEO must deal with is not so simple: Do I cut people or do I cut salaries? Stanton makes a persuasive case that if you cut compensation, the best people, the super stars will leave and go elsewhere. There is one caveat to a pay cut. On a more salutary note, I recently went to Connect’s “Cool Companies” presentation where a healthy cohort of venture capitalists met with 30 startups. 763: “How does your garden grow?” – Mary, Mary, Quite ContrarySenturia is a serial entrepreneur who invests in early stage technology companies.
Source: thestar June 05, 2023 23:32 UTC