Monday, November 07, 2005

Entrepreneur trades in employees who work for startup equity : "The basic concept of tech executives working for equity isn't new. For years, founders of startups have compensated themselves and a few key employees with stock options instead of cash. Recruiters have occasionally placed executives in such situations and taken their own payment in the form of stock. But PeopleConnect is the first search firm to market a program of recruiting employees who will work for equity." —Scripps Howard News Service

Will work for options. Hmm. (Via Venture Intelligence India.)