A VC, a Headhunter, and a Trainer Walk into a Bar

Why do startup employees leave vs. stay after big milestones?


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What happens to space startup teams after big milestones?

Big milestones in space startups, whether a Dragon 2 launch, a major funding round, or an IPO, often bring excitement, celebration, and sometimes turnover. After all the long hours and high stakes, some employees naturally take a step back, pivot, or even leave entirely. But is this a problem to solve, or a natural part of how talent flows in mission-driven startups?

In this episode, Matt Gjertsen of Better Every Day Studios is joined by Brian Mejeur of AdAstra Talent Advisors and Justus Kilian of Space Capital to dig into what happens to teams after major milestones. They discuss how founders can retain key people, structure incentives around achievements, and even leverage departures to build stronger alumni networks. Whether you are a founder, manager, or aspiring startup talent, this conversation explains how to turn milestone-driven transitions into opportunities instead of surprises.

Episode Highlights

[00:00] Introduction & talent movement after major milestones

[01:35] Why employees often leave or stay after hitting big goals

[04:42] Reloading the mission: keeping teams motivated through next big goals

[07:48] Retaining Top Talent Through Purpose

[10:40] Understanding personal motivations to prevent unexpected departures

[11:52] Leveraging alumni networks and healthy turnover for long-term company growth

[15:26] Creating open conversations about career plans and talent flow

Episode Takeaways

  1. Talent movement after milestones is natural, not always a sign of failure.
  2. Aligning equity and incentives with milestones can improve retention.
  3. Clear mission and next-step goals keep employees motivated through big achievements.
  4. Open communication and manager-level engagement help anticipate transitions.
  5. Alumni networks turn departures into opportunities for referrals and industry growth.
  6. Structuring transitions thoughtfully prevents operational disruption and preserves culture.

Subscribe to VHTB for more insights on the talent, culture, and finance sides of space startups.

Resources & Links:

  1. Space Capital
  2. Better Every Day Studios
  3. AdAstra Talent Advisors
  4. VHTB Podcast Channel

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A VC, a Headhunter, and a Trainer Walk into a BarBy A VC, a Headhunter, and a Trainer Walk into a Bar

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