I noticed there are discrepancies in what RebelGroup thinks should be done with the extra money that RebelVC is making for this project and probably on more future projects as well.

Acknowledging my own bluntness; Charles and I are the owners of RebelVC so we will do with it as we see fit. If Charles or I want to put it into our pockets, you have absolutely no control over it. I don’t have to explain my actions. However, to put you at ease, realize that we are also entrepreneurs and our every effort goes into growing the company, not to take away from it. Hence the reason this group was put together in the first place. We’ve made our own donations in hard work, dedication, and yes even monetarily to RebelVC in the past to keep it floating and will do so as long as it is necessary.

You are employees of RebelVC who operate under the rules of RebelGroup which are virtually nonexistent as far as business is concerned. You are in charge of your own clocking in and out. This is done through a trust based system and is what allows us to get work done whenever we feel like. I like that system. I trust that you will not clock extra hours “just because.” That trust has also been shown to each of you who have come to me to let me know that you did not clock yourselves in at one time or another and would like hours for it. I still, to this day, have never said no to any of you with any requests that are related to money.

That being said, with the recent developments and seemingly greedy attitudes, I’m sending this email out as a warning to you that these feelings have not gone unnoticed. Remember that
though we are all friends, this is also a business and needs to be run as one. There is a hierarchy even though I do not stress it. In the event that I feel like someone is gypping the company in any form or fashion you will lose your position indefinitely just like you would anywhere else.

Currently we do hourly pay because we can’t afford to put anyone on a payroll. The extra money is what goes towards getting benefits and eventually putting everyone on a payroll.

From here on out, let it be known that I do not take jokes about the company’s money. Do not crack jokes about it to me because I will take them very seriously and you do not want that to happen.