Salto X

Ever heard of BSPCE? 🤔 It's a smart way for startups to reward and retain top talent but with a French twist. In short, BSPCE grants employees and managers the right to buy company shares at a set price — and if the company grows, those shares could be worth a whole lot more. 🚀 Curious to learn more? 😉 👇 https://lnkd.in/eRPN-3XJ #bspce #employeeincentives #equity #startupequity

Last week, our Elise Sass took the stage at How To Web in Bucharest, discussing employee incentives alongside two other fantastic panelists. 😎 She also dove into the local ecosystem and gathered some insightful takeaways from other speakers.💡 Sharing some here as well: “Culture as a Priority, Not an Afterthought: The first victim of success is often company culture. Unless you nurture it intentionally, it’s at risk. Success is great, but maintaining a strong culture is the real superpower.” (Kulpreet Singh) “If people don’t understand the value of your product, it’s a market fit issue. Use clear language that resonates and avoid jargon so users “get it” immediately. => Audience, Motivation and Competition” (👨🏻💻 Andy Budd) “Celebrate each product milestone and learn as you go. Build a culture of trust and respect—no egos, no jerks. Great products come from great teams.” (Arielle K.) More insights from Elise are coming in the next few days! Stay tuned! 😉 #howtoweb #saltox #startups #teamculture #product

While advisory shares can be a great boost for your company, they’re not without their challenges. Here are 5 red flags you need to watch out for before diving in 👇 #advisoryshares #equity #saltox

Offering stock options can sometimes feel trickier than solving a Rubik's cube. 🧊 Since we deal with that every day, we've put together a simple guide to explain it all step by step, covering key approaches and how to build role and level matrices for smart option allocation. 🚀 Let us know if you have any additional questions 😉 https://lnkd.in/exNRf3fP #allocation #equity #stockoptions #saltox

We’ve enjoyed diving into SAFEs and convertible notes lately, but here’s a question — do we really get the basics? 🤔 Let’s take a step back and break down one of the most crucial pieces of the puzzle: Employee Stock Option Plans (ESOPs). 💪 #esops #employeestockoptionplan #saltox

🤔 Curious about SAFEs but still trying to connect all the dots before making your decision? Here are the 5 key clauses you need to consider before taking the next step. 💡 #safes #equity #saltox

Salto X is heading to How To Web this October! 💥 Our very own Elise Sass will be taking the stage at Eastern Europe’s top startup & tech conference. 😎 Catch her on October 3rd, speaking on the panel 'The Right Incentives and Frameworks Helping Teams Excel' alongside Dennis Lam (Solutions Consultant, Remote), Dan Oros (CEO, Creatopy), and Bojan Stojkovski (Editor in Chief, IT Logs). Want to chat with Elise off-stage? Drop us a message! 😉 We can’t wait to see you there! 🤝

Equity dilution is one of those things founders can’t afford to ignore. 🤔 Staying ahead means knowing how different financial moves will shape your ownership — and your company’s future. 🚀 Our Kristīne Mora breaks it all down with some insightful examples. 💡 Don’t miss it! https://lnkd.in/e4qzNqaS #equitydilution #equity #saltox

Wow, what a weekend it was for Salto X team! 🎉 We not only got together in Tallinn for a reflections & strategy talk — we also hit the streets for the annual Tallinn marathon! 👟 🏃♀️ Four of us ran the 10km run, and for some, it was a personal best! 🏅 Ladies, Kristīne Mora, Elise Sass, Karin Rand, Mariya Vasylyk, you nailed it. 💪 Ready for the next challenge? 😉 #saltox #teamevent #tallinnmarathon2024

Back to School and learning about SAFEs for Startups! 🚀 Are you a startup founder gearing up for your next fundraising round? Let’s talk about SAFEs (Simple Agreements for Future Equity) - the fundraising tool that’s even simpler than convertible notes! Here’s what you need to know: No Immediate Valuation Needed 📉: With a SAFE, you don’t have to set a valuation upfront. Instead, your investment converts into equity during your next priced round, letting you focus on growing your business now. Speed and Simplicity ⚡: Fundraising with a SAFE is faster and more straightforward than traditional methods. Get the capital you need without the lengthy negotiations. Flexible Terms 🤝: SAFEs offer flexibility. You can include a valuation cap, a discount, or both—tailoring the agreement to fit your fundraising strategy. Investor-Friendly 💼: Investors appreciate SAFEs because they allow them to get in early without the complexities of detailed term sheets. It’s a win-win! Future - Proof 🔮: The equity conversion happens at your next priced round, so there’s no rush on determining your company’s value today. #StartupTips #SAFEs #Fundraising #VentureCapital #EntrepreneurLife #StartupFunding #foundertips