In Case You Missed It: Launch Links - September 2020 #2

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Some interesting links we found across the web this week:

“Salary is a necessary evil,” and other thoughts on startup pay
This article is a must-read for startups that are considering how to compensate their new employees, while preserving cash for their company. Without getting into the nitty-gritty details, it gives a high level overview of how to approach salary, variable compensation and stock options.

If you want to be more diverse and inclusive, you need to start with this
Diversity in an organization is not only extremely important, it’s advantageous in countless ways. Diversity promotes innovation, drives increased revenue and increases employee engagement. Given the significant impact increased diversity can have on an organization, it’s crucial to foster an inclusive environment. This Fast Company article provides background on microaggressions and their impact on the workplace, as well as tips on how to mold an inclusive company culture. 

How to Provide Valuable Career Experience to Your Interns
Internships can be very hit or miss. The success of the internship in part depends on the intern’s superiors. This helpful article provides tips and specific guidance on how to provide an intern with worthwhile experience, no matter if the intern is temporary or has the potential to be hired full time.  

The Real Cost of a Data Breach for Your Brand (and How to Best Protect Yourself)
In recent years as companies have transitioned to keeping all of their data online, the looming risk of a data breach has become an increasingly real concern. This short article discusses the disastrous effects a data breach can have on various aspects of a company and the importance of protecting against these types of attacks.

How Former AOL CEO Steve Case Aims To Address The Funding Gap To Black Founders
While the startup community has trended towards increased diversity in recent years, according to Crunchbase, funding to Black founders comprises less than 1% of total venture investing overall. Steve Case, billionaire former CEO of AOL, seeks to encourage venture capitalists to broaden their portfolios and invest in Black-owned businesses by “building bridges that lead to more sustainable funding.” Case’s virtual pitch competition is open for application until October 25, 2020, and can be applied to via the link in this article. 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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