August 21, 2019

#1813 Toptal CEO responds to criticism

Toptal’s CEO was accused of not giving options to employees who felt they were entitled to it, even though their legal agreements stated they were conditional. I asked him to do an interview, expecting him to say no way, but instead he said, glad to.

My summary of his response. Regarding investors: I’m not going to raise unnecessary funds just so their debt could convert to equity. Be patient.

Regarding employees: I keep telling people not to work here if they’re doing it for a stock windfall. Regarding his cofounder: Legally, I can’t say anything.

Taso Du Val is the founder of Toptal, which enables start-ups, businesses, and organizations to hire freelancers from a growing network of top talent in the world.

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By Andrew Warner

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