"Ms. Mayer called a meeting with senior executives in August and asked them to sign a written agreement to stay with the company for at least three more years, according to two people familiar with the meeting." Is such an agreement enforceable? Or is this some meaningless pledge? If you want people to stay, give them a decent financial incentive.
Probably not. If you want people to stay, give them a decent financial incentive. I keep seeing this sentiment, but I think it's important to distinguish between "don't give your people worthless equity instead of a good salary" and "I'm just here for the money." Starting to see a lot of the latter around here and it's disheartening. Sure, broken dreams and failed visions and all of that happens, but it's part of the…
Yaa, how awful...because my landlord accepts a share of my company CEO's "vision", as does my grocer
> Widespread cynicism will kill high-tech
What a laugh that the heirs, the LP's, the VC's and seeds and angels aren't the cynics, your unhappiness is the twenty-something wage slaves slaving away at all hours building products are now disheartening, because they're buying the BS less and want to keep more of the wealth they're creating.
The heirs and LP's are not "here" for the money. They're in their yachts at Key West, and they have their bets spread.
Woe is us, how disheartening that the people creating the wealth want to keep more of the wealth they create, as opposed to believing the fairy tales the idle class and their myrmidions are telling them.