Capturing and retaining talent has been one of the main concerns for entrepreneurs. When it becomes necessary to grow, develop the product or service, evolve the supply and feed the demand, it comes the time when the initial team is no longer able to respond to everything and it is required to hire staff for certain specific functions. But how do you compete with companies that have the financial capacity to attract the human resources that are needed? Rita Trabulo, CCA's Startinnovation Team Managing Associate, in an opinion piece for Emagazine, explains how stock option plans work in private limited liability companies.
"One of the most common mistakes is to consider that in order to implement a stock option plan it is necessary that the company has its capital divided into shares, that is to say, that it is a public limited company. False. This is, in fact, one of the biggest myths to be debunked", underlines the Startinnovation team's Managing Associate.