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Why he would accept the job on those terms is the more salient question.
by egdod 7y ago
Why he would accept the job on those terms is the more salient question.
- caymanjim 7y agoI would take a solid salary over equity almost any day, having been burned by failed startups in the past, and/or left before my options vested. It'd be nice to get a solid salary AND equity, but I'm never going to work anywhere again where I take a pay cut in exchange for equity.
- pault 7y agoI agree, but you'd probably have a different set of expectations if you were founding a company.
- rayrrr 7y agoTrue that. Even a successful exit can lead to employee common stockholders (i.e. holders of stock gained through vested, executed options) getting screwed. Look what happened in Gilt Groupe's IPO, for example: https://www.vox.com/2016/1/19/11588918/gilt-groupe-is-a-cautionary-tale-for-startup-employees-banking-on https://www.vox.com/2016/1/19/11588918/gilt-groupe-is-a-caut...