Mattress company Casper has brought on bankers from Morgan Stanley and Goldman Sachs to work with the company in preparation for an initial public offering that could take place before the end of the year, Bloomberg reports. Casper’s move to go public isn’t surprising. Reuters reported in March the company was looking to hire underwriters in preparation for a forthcoming IPO. That news came...
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Stop Paying People So Much
Every startup leadership team wrestles with the trade-offs between growth and profitability. This is fitting and ever shall be. What teams don’t reflect on sufficiently is how a flawed compensation philosophy can make those trade-offs far more painful than they could be. As a former entrepreneur, I know that every venture relies on the exceptional efforts of supermotivated professionals,...
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