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Employee commitment in bootstrapped versus externally funded companies (Part 3)

Filed in archive Entrepreneurship on April 23, 2007

Employee commitment in bootstrapped versus externally funded companies (Part 3)
Link: Cristian Dorobantescu

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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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