Timeline for Owner keeps cutting corners and poaching workers for his other company
Current License: CC BY-SA 4.0
10 events
| when toggle format | what | by | license | comment | |
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| Sep 9, 2019 at 2:22 | comment | added | Raydot | It's closer to 20/80 than 1/99, but yeah. | |
| S Sep 7, 2019 at 17:38 | history | edited | espindolaa | CC BY-SA 4.0 |
minor grammer and spelling fixes
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| S Sep 7, 2019 at 17:38 | history | suggested | Mark Rogers | CC BY-SA 4.0 |
minor grammer and spelling fixes
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| Sep 7, 2019 at 14:12 | review | Suggested edits | |||
| S Sep 7, 2019 at 17:38 | |||||
| Sep 7, 2019 at 7:36 | comment | added | Val | And in any way, it's not a good idea for a high ranking manager to stay around until the whole thing collapses and the founder runs away with the money. It won't look good on the CV at the next interview (ahh, so you drove the company into the ground? - No, it wasn't me, it was the owner, I swear!) | |
| Sep 7, 2019 at 7:26 | comment | added | SZCZERZO KŁY | @Val You just define "success" differently. For many goal of the startup is to attract investors, generate costs and so on. | |
| Sep 6, 2019 at 22:23 | comment | added | slebetman | @Val Not necessarily fail just to not generate profits. Company owners can make a lot of money this way if they are paid more as employees/directors. Waiting for your share to generate profit is often much harder than giving yourself a salary (and in some cases the salary will eclipse your original investment within a year). Another incentive is that in most countries personal income tax is much lower than corporate taxes | |
| Sep 6, 2019 at 18:36 | comment | added | David Schwartz | @Val In practice, it doesn't matter if it's intentional or accidental. The consequences are precisely the same either way. | |
| Sep 6, 2019 at 16:43 | comment | added | Val | This implies that the company was set up to fail. Either for tax evasion purposes, or it might have more than one owner, and then the boss tries to steal from the other owner or from the investors... | |
| Sep 6, 2019 at 8:42 | history | answered | SZCZERZO KŁY | CC BY-SA 4.0 |