Cherry: Startups cannot compete on cash with multi-billion dollar public companies
Brandon Cherry · The Truth Behind Salary Transparency · Sep 21, 2023 · at 8:23
Brandon Cherry, partner on a16z's people practices team, discusses how companies must define compensation philosophies rather than attempting to match large corporate cash compensation.
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“Not everybody's going to be able to compete with a, you know, ten billion dollar in revenue publicly traded company on a cash basis. So you need to own the philosophy that you believe will drive the kinds of outcomes that you want as a company.”
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