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The Secrets to Building Vibrant Communities in Web3 Open-Source

Tom Tunguz

They vote on technical roadmap, compensation, & their own operations, governed by this license & manage a treasury with $3b of assets. 1 The Community Source license is implemented as a Business Source License with the governance clauses mentioned above & some others.

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Founders: Get Your Comp Package Approved By Your Board of Directors

SaaStr

What’s changed is the majority of startups that are venture-backed don’t seem to get the CEO’s and founders’ compensation packages approved by the board anymore. Eventually, everyone does when the company adds a true CFO and outside directors and even a compensation committee pre-IPO. At least do it as a CYA.

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Benchmarks for Employee Stock Based Compensation in SaaS Startups

Tom Tunguz

Another way is to look at the cash based cost of the stock based compensation. The chart above shows the average stock-based compensation (SBC) per employee by years since founding across the basket of publicly traded SaaS companies. It’s also important to note that the distribution of stock grants is governed by a power law.

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How Will We Value a Crypto Token?

Tom Tunguz

A token provides voting rights when it is a governance token that governs a DAO (Decentralized Autonomous Organization). A DAO is the governance organization of a crypto company. These new shares are often granted to employees as compensation. It functions like a board and shareholder base. 10 million more Google shares.

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Here’s Who’s Hiring a VP of Sales in January

SaaStr

Without further adieu, here’s who is hiring a new VP of Sales in January: Spidertech , a SaaS platform serving law enforcement professionals, is looking for a candidate with B2B enterprise experience with a specific focus selling to government entities or public sectors. More on this opportunity here. More on this opportunity here.

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Why I’ve Stayed at Buffer for 8 Years, an Open Reflection

Buffer Resources

It’s also an unusually long time among most of my friend group except those who work in more traditional jobs, say in teaching or in government. Buffer pays me fairly and generously It’s important to share that another reason to stay at any company is compensation. So why have I stayed?

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Gartner Research Highlights the Growing Need for a SaaS Management Platform

BetterCloud

To help define these processes, Gartner® recently published a report on establishing an effective SaaS governance policy that secures the perimeter and gives all employees ownership over the software procurement process. A SaaS governance policy keeps your environment secure. How to Establish Effective SaaS Governance, Gartner Inc.