By Elric Langton | 30 September 2023
Mike and I have a financial stake in Insig AI.
In the financial districts (BBM to me and you), a long-standing debate continues regarding whether companies should offer salary or share options to their employees or advisors. Even some of my closest investment friends are doubtful about this move despite the market’s clear signal of approval. I am referring to Insig AI, a cutting-edge data science and machine learning solutions firm that has made its stance clear by appointing John Wilson, a luminary in the tech and SaaS sectors, as a strategic advisor. Wilson’s illustrious career, marked by his ability to increase shareholder value, is a testament to his expertise in public and private arenas.
The remuneration package for Wilson is genuinely intriguing. Instead of a traditional salary, he will be compensated with 500,000 ordinary shares of 1 pence each from the Company’s treasury. This move is not just in line with modern compensation trends. Still, it is also a strategic manoeuvre that could offer manifold benefits to shareholders and the Company, provided that Wilson performs his magic in a few short months. As investors, we won’t have to wait long, but the wait has been deeply frustrating and testing for even the most patient investors.