3 ms·

Defend "Working spectacularly well".

• pbreit 11y ago
  First, you would need to consider Silicon Valley startup activity to be successful (I do). Next, you would need to understand that equity compensation is almost the only difference between an SV startup and pretty much every other type of company (I do).
  • conanbatt 11y ago
    The second part is actually insane. Are you saying that if stock options were removed from Startups, then the entire tech sector would come crumbling down?
    • pbreit 11y ago
      If it impacted investor/founder equity, then, absolutely. If only founders, most probably. If only employees, probably.
  • s73v3r 11y ago
    "Next, you would need to understand that equity compensation is almost the only difference between an SV startup and pretty much every other type of company (I do)." Except that is completely false. When I worked at Western Digital, which is decidedly NOT a startup, they still gave me plenty of stock. Amazon, which is also decidedly NOT a startup also gives out lots of stock. So your differentiator is not really a differentiator.