Peopleconnect: take the director to debt

One of the main conditions for obtaining venture capital for a high-tech startup is the presence of a well-known manager who is the face of the company. But what can a poor Internet businessman do if he does not have the money to hire Ashmanov or Spout? Peopleconnect , which provides well-known directors for three months, will come to the rescue here.

By providing free directors, the recruiting company Peopleconnect does not earn anything from such a deal. However, after receiving a startup of venture financing, everyone has money. Such an original business model came up with entrepreneur Max Shapiro, the founder of Peopleconnect, in 2001. At that time, many famous people were left without work, and Shapiro thought that some of them would be glad to find employment anywhere, even for free for the first time.

According to Max, out of 25–30 directors who went into debt, about 80% later began to receive a salary from their new employer.
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via News.com