Comment by ellisv

Comment by ellisv 11 hours ago

1 reply

I wish more people know about profit sharing interests.

I was a part of a startup that offered profit sharing interests. When I joined the profit was X and left it was Y. I received a check for my percentage of the growth in profit. It felt pretty fair.

There was a relatively direct incentive to impact the company bottom line and I didn’t have to wait for the company to exit to get compensated.

stevage 6 hours ago

Specifically, annual profit not valuation? So if the company had not become more profitable, you get nothing?