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Firing an employee for taking an unpaid 30-minute lunch break, while simultaneously demanding they work while eating at their desk, violates federal labor laws. If an employee is required to continue working or remain on duty while eating, the owner must compensate them for that time. An unpaid 30-minute... show more
57,673 views • 2 months ago •via X (Twitter)
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William on how an early stage employee takes way more risk than a founder: "If I'm making $400-500K at Google or Meta and go to an early stage company to get 1% of this company and make $90,000. I've now changed the trajectory of my life, that's a lot of risk. But as a founder, you're not. It's a much higher likelihood that of the next round, regardless of your company, you'll be able to sell some secondary. If it shuts down, you can get employed at a great company, and you have a CEO on your resume. That first employee, they have first employee at a failed company. That's actually not a great resume line item. So we've de-risked the founder, but we haven't de-risked the early stage employee."
Patrick OShaughnessy
904,878 views • 5 months ago
