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Those breakdown into 3 good classes of questions: - Understanding the company's place in the market & how they make money - Understanding their expectations f
by ultrasaurus 8y ago
Those breakdown into 3 good classes of questions:
- Understanding the company's place in the market & how they make money
- Understanding their expectations for you -- have they thought them through?
and finally
- How well they respond to questions that they won't answer. They won't show you the cap table, but how the conversation goes is a good indicator of how well you and the future manager will be able to communicate.
- zer00eyz 8y agoSeriously... They offer you any sort of stock as compensation, and are privately held and won't show you the cap table it is a polite thanks but no thanks and exit. Any company that isn't comfortable sharing that information isn't going anywhere fast -- or they are about to go public (but you would know that already as well).
- ThrustVectoring 8y ago>it is a polite thanks but no thanks and exit No need to be that drastic - just treat the compensation package as if the equity grant is worth $0. With the liquidity and uncertainty involved, you probably want to do that anyway, since you care a lot about "how far away am I from not having enough money" and an equity grant that pays off with a power distribution a decade out helps you very little on that front.
- zer00eyz 8y agoRegardless of what the cap table says you should treat that grant as a $0. I have heard "we dont have one". A sign to run. I have heard "we dont share that sort of info with staff". Major failure to understand the information I would be entitled to owning even a SINGLE share. No speaks volumes about management, about its confidence, about it's openness. These are thing that one who is going to work for a company should be HYPER concerned with.