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As 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 w
by xyzzy_plugh 9y ago
As 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?