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suspect that stock options is mostly about paying people less, rather than distributing wealth like the article seems to push, the fact that you earn less means
by walkingolof 7y ago
suspect that stock options is mostly about paying people less, rather than distributing wealth like the article seems to push, the fact that you earn less means less taxes, so stock options, playing the devils advocate, means in most cases less for everyone except those few founders that make it big.....
- mc32 7y agoStock options are a vestige if the first dot-com boom. Candidates saw the likes of Netscape and other contemporaries and wanted a piece of that. Companies obliged. It cost them little, allowed them to dangle vapor money as enticement and most everyone likes it.
- umeshunni 7y agoEh, stock options have been around since Microsoft IPOed in the 80s.
- mc32 7y agoYou’re right, but I think the dot-com boom bore many IPOs in a relatively short time making many Joe and Jill Blow employees financially secure thus creating a mythos around it and consequently became the in-thing for employers and employees.