My company IceBreaker is beginning to gain traction and grow at a faster rate than I had anticipated. I want to begin to bring on new employees to help with various functions of the business however we still do not have enough capital to compensate them monetarily quite yet. What are some of my options in terms of bringing employees and interns on at this stage of our business in terms of compensation.
Equity.
You may try getting them to defer salaries, but they will probably not be interested. This may not be good from the business point of view either, because it just adds debt to the business
Generally the only to viable forms of compensation are cash and equity.
Answered 10 years ago
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