Big Red Car here. Hey, it’s cloudy here in the ATX. Not convertible weather and the Big Red Car does not like days that are not convertible weather. Going to be 82F today but on Friday it’s going into the 30’s. Wow!
Big Red Car here. Early start today. Big doings.
So The Boss is meeting with a VC friend. Yes, The Boss is friendly with some VCs. He does almost always side with CEOs but VCs are not all bad.
Big Red Car here. Nice weather in the ATX and that house sitter has been running the snot out of my here for the last couple of days. Oh, a Big Red Car, loves to have the snot run out of it. Eeehaw!
So we need to chat a bit about the implications of change of control in a startup or small company. Delicate subject to be sure.
Big Red Car here. The weather in the ATX could not possibly be or get better. It is 70F this morning and the sky is clear. CAVU — ceiling and visibility unlimited.
On Earth as it is in Texas. [Well, it’s likely going to be inching close to 95F today, so let’s pick our poison carefully. Haha, Big Red Car, you are a card.]
Big Red Car here. The Boss is traveling and I am left with the house sitter. Well, the house sitter has been driving the Hell out of the Big Red Car — don’t tell The Boss because he is very particular as to who gets to drive me, the Big Red Car. Haha, joke is on you, Boss.
Big Red Car here. Going to be a beautiful day here in the ATX. The Boss was out of here early and had coffee with a pal. I got to take a quick ride over to the coffee shop and had a nice chat with a very attractive little Mercedes convertible. What a doll. Hehe, behave yourself, Big Red Car.
So, The Boss was thinking about the C level Employment Agreement again and was going to start peeling it back for ya’ll.
Big Red Car here. Nice quiet early morning, let’s me compose my thoughts. We had a thunderstorm last night and the yard is strewn with twigs and leaves. Lots of lightning. Big Red Car loves lightning. It seems to energize my personality and make me excited. There is nothing in the world like an excited Big Red Car. Haha, Big Red Car, you crack yourself up, don’t you?
So The Boss is working with a couple of his CEOs and they are looking for some guidance as to how they should define their relationship with their company — an employment agreement.
In once instance, the CEO is selling his company and is being retained by the new owners. The new owners want to ensure that the CEO does not wander off and start another company, so they are both wanting to get something done. And, why the Hell not, Big Red Car?