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Nikola Founder Gives the Company's First 50 Employees $233 Million of His Stock

1241 Views 1 Reply 2 Participants Last post by  shortcircuit
A couple of weeks ago, Nikola founder Trevor Milton announced that he will be giving $233 million worth of his stock (6 million shares) to Nikola's first 50 employees.

That's definitely one way to get your employees to believe in the company, wow.

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I'm concerned that the founding employees don't have as much incentive anymore to work toward the company's success. For many startups, the carrot motivating the launch staff is the prospect of millions of dollars in wealth reaped through the IPO. Keeps teams on track and focused. What now?
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