The startup giving ex-employees cash to start companies

Most companies don’t give ex-employees cash to leave and start their next business. They’re more often willing to spend to pay and retain them, even launching fancy “intrapreneurship” programs to keep startup ideas in-house.

Nylas CEO Gleb Polyakov takes the opposite approach. If his employees want to be entrepreneurs, then they should “graduate” from the company and go build their passion, Polyakov told me. In fact, Nylas will give any ex-employee starting a new company at least $20,000 to pursue it as part of its new Nylas Alumni Fund. READ MORE