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Seriously... 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
by zer00eyz 8y ago
Seriously...
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.