Founders get too much credit: A thank you to the team behind Paribus (YC S15)
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Re: Founders get too much credit: A thank you to the team behind Paribus (YC S15)
#2What'd the compensation/exit for the nonfounding members of the team look like during the acquisition?
Re: Founders get too much credit: A thank you to the team behind Paribus (YC S15)
#3Not to be a jerk, but talk is cheap. What'd the compensation/exit for the nonfounding members of the team look like during the acquisition?
I can say that Paribus has been FAR more generous and collegiate with equity than early stage companies we know. To give a sense, many early employees could be in a position to fund their own seed/pre-seed rounds in their future businesses on the exit/compensation, if they so choose. The full team is staying on.
Re: Founders get too much credit: A thank you to the team behind Paribus (YC S15)
#4Not to be a jerk, but talk is cheap. What'd the compensation/exit for the nonfounding members of the team look like during the acquisition?
Totally fair. We're really proud about this part :) But given the confidentiality requirements we're under, I can't say. I can say that Paribus has been FAR more generous and collegiate with equity than early stage companies we know. To give a sense, many early employees could be in a position to fund their own seed/pre-seed rounds in their future businesses on the exit/compensation, if they so choose. The full team…
Re: Founders get too much credit: A thank you to the team behind Paribus (YC S15)
#5Earlier quoted context omitted.
Totally fair. We're really proud about this part :) But given the confidentiality requirements we're under, I can't say. I can say that Paribus has been FAR more generous and collegiate with equity than early stage companies we know. To give a sense, many early employees could be in a position to fund their own seed/pre-seed rounds in their future businesses on the exit/compensation, if they so choose. The full team…
Good deal, congratulations then!