Putting put pen to paper two months after starting at Mountside Ventures.
Thinking back…
I had formed an image of what individuals in VC were like primarily through late nights at university reading Paul Graham and Mark Suster essays; meticulous analysts, able to contextualise an often very abstract concept with financial and scientific precision.
I naively never thought emotional intelligence would come into play; the ability to look beyond numbers and act with a degree of empathy towards founders and their solution — I personally blame it on the constant state of panic of wondering what I wholeheartedly wanted to do after…
Employee Share Option Schemes (ESOPs) are important components of a company’s compensation strategy, and even more so at the early and growth stage. They require planning and careful consideration.
At a basic level, share options are a way of sharing company ownership with the wider team. It gives employees the right to purchase shares at a typically low specified price, by a specific date, in a promising early-stage business. The employee is under no obligation to buy, or “exercise”, any of their options.
Why bother?
- Increase employee performance and productivity by aligning the business objectives (i.e. …
Jack Richardson
Venture capital enthusiast | Manchester, UK
