Lauritzen: raffle.ai employee warrants only vest upon 50% company exit
Suzanne Lauritzen · AI Powered Internal Search Tool Grows 200%, Breaks $1m Run Rate, $15m Valuation in 2020 · Feb 16, 2022 · at 6:02
Suzanne Lauritzen, CEO of raffle.ai, explains her company's employee equity compensation and warrant retention model.
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“It works the way that you have you have the option to, or you have warrants that will be released the day that we actually exit, which is the day where we sell more than 50% of the company. So you have to stay to the end, so to speak, or to the day that we exit to get value for that money. If you don't stay, you will lose it.”
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