FI Hiring & Onboarding

Adam Spector, CEO, 4x Founder,

100x Angel Investor

1
Your team is what enables
success.

2
Yet it’s the founders who
are:
- Worshipped
- Viewed as geniuses
- Receive the most
recognition

3
Founders reap a
large majority of
the awards.

- Exponentially more equity

- Control: board seats &
super-voting rights
4
5
 1. “Founder-like”
burdens
a. Reputational
risk
b. Day-to-day
stress

1. Costs
a. PMF risk
b. Brand risk

1. Knowledge
a. “Founder-like”
burdens
Most the risk, few of b. Compensation
the rewards comparisons
6
 Equity Recommendations
Non-conventional
a.Co-founders = 10%+ of the
company, and executive level
responsibilities
b.Founding teams = 1-10% of the
company, expected current or
future leaders
c.Early team - 0.1 - 1% for strong ICs
who are coming in after PMF
Generosity
a.1% early employee benchmark 🤮
b.“Founding team pool” of 10-15%
for the first 5-10 employees
Longer vesting
a.5-6 year vesting
b.3 grants

7
 Titles - just don’t
Titles are cheap...and will cost you

https://medium.com/@gokulrajaram/the-one-thing-ceos-should-delay-as-long-
as-possible-ea28347714b0
8
Photo by George Kedenburg III on Unsplash
 Go forth and build...as a team

1. Find a co-founder(s)

1. Find generalists (in the early days)

1. Find expertise you don’t have

1. Attract the best

1. Retain the best

30-50% of your time should be

spent on recruiting*

* Why CEOs should spend up to half their time recruiting

https://techcrunch.com/2019/12/17/why-ceos-should-spend-up-to-half-their-time- 9
recruiting/
 How to Find, Hire, and Close

1. Be transparent with a clear

Mission and Vision

1. Be clear about the JD

1. Use your network

1. Become a LinkedIn maniac

1. Angelist Talent

1. Don’t use recruiters (but there

are awesome low-cost tools
out there)*

1. Patience (don’t rush!)

Ping me adam@levy.company for deets on these 10

The team you build and the people you
work with is your MOST important
decision.

Any questions?
adam@levy.company
@levyoperations
11