2 ms·
You're right, I thought it would be clear from the context that I'm talking about employee stock options. It seems like your experience with stock kind of prov
by stockoptionsta 10y ago
You're right, I thought it would be clear from the context that I'm talking about employee stock options.
It seems like your experience with stock kind of proves my point and reveals the employee side of this problem — because you didn't fully understand how all these things work, and no one explained it to you — you had much different expectations.
And now, instead of incentivizing you to stay, you employer leaves you frustrated and basically incentivizes you to leave.
- planteen 10y agoYeah, I agree, that is a good way to put it. The K-1s were such a mess... I think I got 15-20 pages worth of complex tax documents. It was especially messy since we had a part ownership of another company in a different state. I don't consider myself a financial dunce either (I can handle W-2s and 1099s fine). Employee stock purchase & RSU awards at big companies are honestly so much more straightforward (and fair). The way I got diluted also made me really take the advice to heart I always hear on HN - when there is a buyout, the executives will be the ones at the table arguing for themselves to get paid. But nobody is going to be there for you.