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> I don't see how you deserve any of the millions they got I also don't see how they did. Did they work so much harder as to 'deserve' a ten to hundred fold tu
by raarts 10y ago
> I don't see how you deserve any of the millions they got
I also don't see how they did. Did they work so much harder as to 'deserve' a ten to hundred fold turnout of their investment?
- JoeAltmaier 10y agoCapitalist success isn't something paid out by the hour. They capitalized on an opportunity. They made out big. Its the system we live under.
- fu9ar 10y agoWell, it seems like the OP was supposed to get stock options at these places where they worked, but somehow their stakes vaporized in some kind of finance shell game. But of course, it's all caveat employtor, right? Silicon valley companies were illegally depressing wages for years, and it's all about the individual workers not "negotiating good enuf". Fuck off. Capitalism is broken because the owners are scamming the workers en masse.
- JoeAltmaier 10y agoYeah if it takes too long, initial valuation may suffer and stock options vaporize. Its dangerous to stick around after a revaluation downward, with no new stock options offered.
- curun1r 10y agoWhether they were funded or bootstrapped, they did a lot of speculative work or fundraising that someone earning a paycheck from day 1 didn't. It's not about working hard, it's a willingness to take risks. The person asking the question wasn't willing to take risks. They've got the $6500/mo mortgage and the comfortable life with almost zero risk. They were compensated as a wage earner rather than an investor. Yes, working that way will come with equity, but it's table scraps rather than a full meal. If you want the full meal, you need to work on something before the company is anything. If you wait until they can pay you, that's your compensation.