While incentivizing key employees with warrants rather than a high salary is a common remedy to attract and retain talent in startups, it’s current relevance is crystal clear: With 2020 expected to feature limited funding, and startups not exactly bursting with cash, warrant programmes are a way to come around current and future limited liquidity. Not least for limiting layoffs, compensating salary reductions and keeping key employees motivated, while they help founders ride the storm.
Yet reshuffling the option pool and getting new warrant programs in place for employees is no less complex than setting the programs up in the first place. In this session we discuss how founders can utilize warrants as a remedy right now but also what precautions they need to take in the process
Program & Speakers
09:00 – 09.10 Welcome by Nicolai Højer Nielsen, a serial-entrepreneur and external lecturer at Copenhagen Business School.
09:10- 09.20 Mik Strøyberg, founder and CEO of Good Monday – Avoiding layoffs and compensating key employees by reshuffling the option pool
09.20 – 09.30 Christian Gabriel, founder and CEO of Capdesk – Employee warrant programs
09.35-10.00 LIVE Q&A session. Panel: Nicolaj Højer Nielsen, Mik Strøyberg, Christian Gabriel, Nicolaj Højer Nielsen and Helle Uth (investment director at PreSeed Ventures)
Why should you attend this event
+ Industry expertise Christian Gabriel, the founder of Capdesk– Europe’s number 1 cap table management tool, and investment director Helle Uth are ready to share their expert knowledge on this subject. Helle Uth will also be present at the following Open Door Event on May 13, where you can apply for a 30-minute 1:1 feedback session. Don’t miss this unique opportunity- apply today!
+ Real-world experience. Founder Mik Strøyberg (Good Monday) and investment director Helle Uth (PreSeed Ventures) have years of valuable hands-on experience on warrant programs. They will give you their best advice on how to implement them in the light of the current situation.
+ Pick the brains of these talented founders and speakers and ask elaborating questions that can help you to move forward as a founder.
+ Free resources. All participants will receive a follow-up e-mail with a summary of the event and questions, video-recording for future reference and a collection of additional resources on building a succesful startup and growing as a founder.
Who will benefit from this event
Are you feeling exhausted from hustling your way through startup life the last month(s)? If so, you are not alone right now. Since the Covid-19 outbreak many have feated of adrenaline to lead their company, teams or even family through the first blow of shock and daily waves of uncertainty.
As we get further down the road some of that steam unfortunately begins to wear off, and we begin to feel the strain we’ve been under.
We need new fuel and others to lean on to cope and come out stronger. PreSeed Academy’s online program is here to provide just that and to make sure no founder or startup talent are left to push through these challenging times without a solid ‘support group’.
By signing up for PreSeed Academy events, you accept PreSeed Ventures A/S and Nicolaj Højer Nielsen to collect and process your email for relevant updates and information about future events.