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This has always been the case. I've been in Silicon Valley for ~20 years, and even back during the dotcom days, most employees didn't know much about stocks, l
by pfarnsworth 10y ago
This has always been the case. I've been in Silicon Valley for ~20 years, and even back during the dotcom days, most employees didn't know much about stocks, let alone stock options. Given the fact that it's such an important part of Silicon Valley life, you would think that people would educate themselves more, but it hasn't happened in 20+ years. It's just human nature, and some people don't care, or think it's too complicated and ignore it.
- marssaxman 10y agoOne could also see this as a large-scale demonstration that employees, in general, disagree with your assertion that stock is an important value of Silicon Valley life. It's important to founders/CXX types and venture capitalists, sure, but so far as I can see it is rarely useful for everyday workers to pay attention to their stock packages, because they are usually worthless, and opportunities to make a decision that has a meaningful impact on their value are very rare.