Founders

Early in my career, the company I was with downsized and asked the ~30 of us to decide who stayed or left. 

The reasoning was that those ready to leave could raise their hand and help their friends stay.

You're a founder—what do you think of this approach?

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures

This is super complex but also a very mature way to do it.

Not talked about: having the wrong people to stay after a layoff can be insanely toxic to the culture…

Genart collector. Tinkerer. Investor. Crypto maximalist. Nomadic traveler w/ my wife and 3 kids. Experimenting w/ evergreen content at /sydneys-place

Makes sense. 

In the experience I went through, everyone started out as good people…no wrong people either. 

But some people who stayed actually grew bitter and became toxic because the company changed so much vs original expectations. 

So, “wrong” in the sense that they might have been happier if they had a choice to leave —> and figure out a new thing