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What Bosses Gain by Being Vulnerable
By Emma Seppala
One morning in Bangalore, South India, Archana Patchirajan, founder of a technology startup, called her entire staff in for a meeting. When everyone was seated, she announced that she had to let them go because the startup had run out of funds. She could no longer pay them. Shockingly, her staff of high-caliber engineers who had their pick of jobs in the booming Silicon Valley of India, refused to go. They said they would rather work for half their pay than leave her. They stayed and kept working so hard that, a few years later, Patchirajan’s company—Hubbl, which provides internet advertising solutions—sold for $14 million. Patchirajan continues to work on startups from the United States, ...
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