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Is it really working "spectacularly well"? Or, is it just something that has kinda worked out because the workforce wasn't communicating how they were getting
by angersock 11y ago
Is it really working "spectacularly well"?
Or, is it just something that has kinda worked out because the workforce wasn't communicating how they were getting screwed to each other?
I expect things to get more difficult for employers as employees wisen up.
- pbreit 11y agoWell, it's a key driver of Silicon Valley success over the past 50+ years.
- angersock 11y agoThe employee equity relationship today is, I would suggest, quite different than even 20 years ago. EDIT: I refer you to the "The three-class society" section of this essay: https://michaelochurch.wordpress.com/2015/11/06/y-combinator-and-paul-graham-are-bad-for-the-world-part-1/ https://michaelochurch.wordpress.com/2015/11/06/y-combinator...
- s73v3r 11y agoIs it? How so?
- pbreit 11y agoEquity compensation is probably the biggest difference between a startup and all other companies. Silicon Valley is probably the epicenter of startup success and that equity compensation has been a key driver of such success.
- s73v3r 11y agoYou're gonna need more to back up that statement. Especially given how much people get fucked over with options, and how many startups just fail.