Content
@
1 reply
0 recast
2 reactions
Samuel ツ
@samuellhuber.eth
From conversations about bringing in a business partner. Hiring "safety" comes down to - background check, are they who they say? - writing down and aligning goals and ambitions - having the same expectations - add a cliff & vesting to the equity. Potentially milestones + time not just time. - have lawyers do the contracts, you pay for being able to not worry about the contracts. - ensure the base compensation is something you can afford. anything else is about fit and being able to execute. the protection there is the cliff in the equity schedule.
2 replies
1 recast
12 reactions
Leeward Bound
@leewardbound
"have the same expectations" - easier said than done. like, nearly impossible in practice. imho you gotta first date them like a potential marriage. not even slightly joking - take bro bowling, hang out on the weekends, learn about allergies and food preferences, talk about science and art and sex and politics. take it slow. know the absolute shit out of your new homie for several months (or years) before ever talking turkey or outlining any deals. take them rafting and "lose the guide". go wildly off-grid, get into moderate danger, really turn up the heat. if you don't have time for all of that, you're rushing into this partnership. probably better off looking for an employee instead. after 20y i won't co-found with anyone anymore, except my actual literal wife. you'll always think the diligence is good and the expectations are aligned, because everyone is super agreeable when the ink is fresh and ideas are flowing. it's easy to be likable when the sailing is smooth. but that's not a "strong" partnership.
1 reply
0 recast
2 reactions
YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
- they must dress well NAILED IT
0 reply
0 recast
1 reaction
