4 ms·
> This is targeted squarely at the Marissa Mayer's of the world not the average Google employee. You miss the point of my "Oh, it's Wall Street scrutiny..." co
by simoncion 11y ago
> This is targeted squarely at the Marissa Mayer's of the world not the average Google employee.
You miss the point of my "Oh, it's Wall Street scrutiny..." comment. If it were government scrutiny, we might see changes in how the current value of the stock of a company that's not publicly traded is reported to its employees.
At the "startup" I used to work for, I got stonewalled every time I asked for the valuation (whether current or near-to-medium-term expected) of the stock options I had been offered. Friends at other startups report similar stories.
Requiring companies to keep up-to-date information about current and expected future stock valuation, shares issued, & etc would be nice. Requiring companies to disclose that information on demand to current or potential future employees (along with where in the queue the shares that one is either being offered or are currently holding are) would be another nice step.
I get that keeping this information up to date might be a hassle. On the other hand, just how the fuck do you raise money without this information? :)
- cloudjacker 11y ago> At the "startup" I used to work for, I got stonewalled every time I asked for the valuation (whether current or near-to-medium-term expected) of the stock options I had been offered. Friends at other startups report similar stories. OMG same here! Shit like this had me considering if any engineers would bite in joining a union-like entity. But life is all around still too decent for that.