Zack Lane ReCAP Coordinator July 2013 ReCAP Columbia University.
RECAP: StartUp Day - Options and Incentives
7
RECAP: StartUp Day Options and Incentives September 2nd at MESH
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Transcript of RECAP: StartUp Day - Options and Incentives
RECAP: StartUp Day Options and Incentives
September 2nd at MESH
ProgramFour perspectives on options and incentives, with Q&A after the talks:
Kjartan SletteUnacast
Rolf AssevStartupLab, Founders Fund
Daniel Løken HøgtunSelmer
Johan GjesdahlAlliance Venture
Key facts and figures
Did you get new
contacts?
YES: 56 %
Did you get useful ideas?
YES: 88 %
Attendees:
175
Rating:
4,26 / 5
SoMe reach:
30.275
”A startup should have a stock and option program for 1) risk management in the founding team,2) general company and staff alignment, and 3) for monetary benefits to employees – in that order.”
Kjartan Slette, Unacast
”It is not the stock options that will attract the best team – it is your values and visions – and your passion to share this.”
”Make sure to keep the valuation of your startup low as long as possible to be able to give stocks to your key employees by going for convertible loans.”
Rolf Assev, StartupLab, Founders Fund
A key benefit with options is that you give stakeholders a free upside (no investment needed at grant) while conserving company cash. Options could be a much more powerful tool in Norway if the tax issue was fixed.”
Johan Gjesdahl, Alliance Venture
”In my view, the most important consideration is to think about what you want to achieve with the incentive scheme, and at the same time align it with the company’s strategy. Furthermore, it is important that the scheme is as tax and cash effective as possible for both the employee and employer. Share based schemes will therefor normally be preferable, but options may be better if the value of the company is high.”
Daniel Løken Høgtun, Selmer
Oslo StartUp Day: Options and incentives had one big problem: An all white male panel. And speaking of all white, male panel…
Why are there so few female entrepreneursAnd investors in the world’s 2nd most gender equal country? UN rates Norway as the 2nd most gender equal society in the world. The Oslo startupecosystem can’t be part of that research.
Keynotes by Silvija Seres and Anniken Fjelberg.
Program will be updated.More information on Oslo Startup Facebook.
Oslo StartUp Day:The Epic Startup Gender Gap
September 13th
