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as if Zuckerberg is running around yelling "My company is worth $15 billion!" because he's definitely not doing that well current hires are getting their stock
by Harj 19y ago
as if Zuckerberg is running around yelling "My company is worth $15 billion!" because he's definitely not doing that
well current hires are getting their stock at that valuation so the net effect is the same
- nostrademons 19y agoConfirmed or assumed? If this is true, it's a big point against FaceBook's continued success, because it means current employees are underwater until FaceBook's worth more than Ford. One of the big motivators for a startup employee is seeing those options you got for pennies suddenly being worth dollars; if those options won't be worth anything for the foreseeable future, there's little reason why good employees would choose to work at FaceBook instead of Yahoo or Adobe or any of the other mature tech companies.
- Harj 19y agoi know it for a fact