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Charity outreach within the plumbing industry goes largely unnoticed, given the industry’s primarily utilitarian role in society. The true impact of these charitable works is seldom discussed. This article profiles the numerous contributions made by plumbers and plumbing companies globally, embodied by concrete metrics to help illustrate their societal impact.
Why do founders leave after their companies are acquired? There are many nuanced answers, but in the short and medium term, it’s incentives. Acquirers use 3 incentives to get founders to stay: Sticks. If you leave, you lose X% of the consideration. Acquirers try to put 30%-40% of the founders’ consideration at risk, if they can get away with it. This sort of works, but it leads to “rest-and-vest” behavior if not thoughtfully combined with Carrots (next point).
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