What’s going through their heads
I’ve been generous with employees, paying above market compensation while I took the risk.
My successors are lucky for the opportunity to buy the company that I built from scratch.
Of course, my successor(s) should pay me full market value for the firm. It’s capitalism.
The successor(s) should be happy to borrow money from a bank to pay me FMV. They need to take risk like I did.
If my successor(s) don’t want to pay me fairly for my equity, I’ll sell the company to an outside buyer.
I’ve made less money here than I could have elsewhere on the promise of eventually owning the firm.
The founder needs to finally share in the spoils since I am responsible for his success.
If the founder wants me to buy the firm, she should loan me money and sell at a discount.
I have a mortgage, kids’ tuition and would like a second home like the founder. I can’t afford a lot of risk.
I won’t work for the firm if the founder sells externally. I will set up shop and take my clients for free.