Karen Rands - Compassionate Capitalist

In this episode of the Compassionate Capitalist Show, Karen brings back a fan favorite from the vault to explain something she references often -- Hall Martin's strategy to It is a strategy he used to share the risk between angel investors and founders. This is where the term you hear Karen use:  Payroll Exits - comes from.  Their discussion will span from the foundational principles of "compassionate capitalism" to the meticulous art of informed angel investing. Hall will unravel the critical factors for successful angel investments and offer gems on how angel investors can generate evergreen funds through savvy reinvestments. Moreover, Hall will tackle the all-too-common scenario where startup founders start to seek to grow their compensation even as they miss their growth targets.  Founders start to pay themselves more:  payroll exits, while the investors internal rate of return declines the longer it takes the company to achieve a financial / sales level to sell the company for an equity exit.  This 3x