Employee commitment in bootstrapped versus externally funded companies (Part 3)
Link: Cristian Dorobantescu
Then, externally funded companies could offer better payments to employees – which in theory attracts better specialists – in reality this also attracts opportunistic employees who don't have any interest in the company itself, but in getting the biggest payout. Leaving to a better paid company is a sure thing for them once an opportunity appears, and even worse the managers can not predict their leave because it's not based on "real things".
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April 24th, 2007 at 8:20 am
I just published an article about how entrepreneurs can go public quickly. http://www.1888pressrelease.com/alternative-to-the-initial-public-offering-entreprenuers-hav-pr-0xdz321u58.html. I talk about big deals like American Idol’s reverse merger and smaller ones like Peter Klamka, an investor, who completed a deal with a European solar company with a reverse merger.