News: RNT Rent.com.au says Mark Woschnak steps down as CEO, page-21

Ildsrud, glad you pointed it out. Yes, RNT are a start up in the tech industry. The majority of tech start ups use options/performance shares to remunerate their staff and pay very little in the way of cash salaries (a lot less than the real estate industry). I am more than happy for RNT to issue a whole swag of options (exercisable at a significant premium mind you) to the 50 odd employees if they are willing to cut their salaries in half.

There is no accountability at RNT hence the high cash burn and lack of focus on revenue generating activities. They simply need to align the performance of the company to what people are getting paid. If all goes well everyone should win.
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