3 ms·
Employees frequently don't have an accurate picture of the expected value of stock options for numerous reasons, not all of which are their fault. Silicon Valle
by pcwalton 9y ago
Employees frequently don't have an accurate picture of the expected value of stock options for numerous reasons, not all of which are their fault. Silicon Valley engineers are not Homo economicus.
- xyzzy_plugh 9y agoAs an employee of a startup, I agree, but it's ultimately their responsibility. My recruiter inflated valuation, which I am still bitter about, but regardless when I signed on I realized that this is just funny money until liquidation. If a Silicon Valley engineer goes and buys a house, planning on a big payout on their options, then they're a fool.
- toomuchtodo 9y agoDid you get a copy of the cap table, liquidation preferences, etc?