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Andy Rachleff on SVB, how to evaluate VCs, market pull indicators, Wealthfront, and more | E1699
This Week in Startups
Reevaluating Management Practices and Compensation in Silicon Valley
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Criticism has emerged that management teams in Silicon Valley are abusing incentives leading to dilution of investors. The need to reset compensation and employee expectations has been highlighted by tech giants like Zuckerberg and Elon Musk, who aim to streamline operations. This raises questions about past entitlement issues, excessive compensation, and large staff sizes in Silicon Valley that may need to be addressed and corrected.
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