3 ms·
The employees got paid less because of vesting. It is a gamble and this story shows different outcomes for employees. Pinterest paided off and gumtree didn't.
by wolco 8y ago
The employees got paid less because of vesting. It is a gamble and this story shows different outcomes for employees. Pinterest paided off and gumtree didn't.
In both cases the founder made between 20-50 million.
- austenallred 8y agoBoth employees and founders vest. Founders own more of the company than employees, of course. The good news is anyone can start a company!
- wolco 8y agoAgreed but if you choose to be an employee opt for higher salary over vested future value for better game theory results.
- austenallred 8y agoUnless the company is successful, in which case you should do the opposite