Give away your equity!
Being in a leadership position means that you are responsible for looking out for the people under your stewardship. Excelling here is the right thing to do, but can also pay dividends throughout your professional life. That’s the philosophy behind Chris Michel’s extra equity grant to three key senior managers at his company Affinity Labs, which was later sold to Monster.com. In this interview, Mr. Michel talks about his reasons for giving away the equity, and why the gesture ends up being well worth the cost.