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I think we agree. I'm mostly just talking about removing some of the pitfalls and vulnerabilities startup employees face, so that if their business is successfu
by acjohnson55 10y ago
I think we agree. I'm mostly just talking about removing some of the pitfalls and vulnerabilities startup employees face, so that if their business is successful, they are more likely to actually share in the windfall. Today, employees face a very complex path to liquidity, as well as all the possibilities for being plundered by founders and investors that the article mentions. No one is looking out for the most vulnerable, least informed constituency in the deal. In my experience, the vast majority of startup employees don't have a thorough understanding of their equity, and given the complexity of the situation, I think it's an unreasonable expectation that they would.