Simplify your performance-based incentives

By Rick Colosimo / February 8, 2022 / Comments Off on Simplify your performance-based incentives

Everyone likes the idea of paying for performance. I don’t know any CEO or director who rejects the concept out of hand. But it turns out that performance-based incentives are tougher to create than you expect – at least the first time around. Equity-based incentives under stock option plans have been around for decades, and…

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Startup-NY is over-complicated and will under-deliver

By Rick Colosimo / February 19, 2014 / Comments Off on Startup-NY is over-complicated and will under-deliver

A friend recently asked me about Startup-NY, New York’s new program ostensibly designed to help foster startups. As you might expect, the bark is better than the bite. Fundamentally, there are a bunch of complicated rules, exceptions, and requirements, and some conveniently unstated limits. Now, since I think the prerequisites will gut most of the…

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