[ale] Business opportunity...

[Mike Millson]

On Wed, 2004-10-27 at 11:10, Christopher Fowler wrote:
> Many startups do not have the cash to pay salaries or consulting fees. 
> In my company I do take a salary but at less than what I was previously
> making. The difference it made up in equity.  When someone has equity in
> a company they value that company more.  I see it in the way I behave vs
> the way our 100% salaried employees behave.  
> 

The only problem with this is what happened in the 90's. There were a
lot of company stock purchase programs. Like MCI and Worldcom. Luckily
my father convinced me that working at a company and having a large
percentage of your retirement in that company's stock is generally not a
good idea.

Mike