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It's sad and strange at the same time that the market isn't reacting. Early employees shouldn't accept the huge difference between preferred and normal stock op
by xiphias2 8y ago
It's sad and strange at the same time that the market isn't reacting. Early employees shouldn't accept the huge difference between preferred and normal stock options, they should exactly understand how much their stock will be diluted at the point when they can sell it.
Anyways these kind of HN threads are awesome, I hope they can rationalize the market somewhat.
- Qworg 8y agoAfter having just gone through this with my startup - the litigious nature of society makes it hard to reveal any of the information. If the board or the C* reveal too much, it opens the company up to a lawsuit.
- jypepin 8y agoTrue but it's very hard to rationalise. I only know a lot of (great) engineers who either don't believe it when they are told the level of income in BigCo, or think that the comp is that high because people are much better at BigCo and they'd never be able to get a job there.