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It's stupid that startups don't tell people going in what the overhang is, or that you won't get called back or get weird looks. Everyone is looking out for the
by sabujp 7y ago
It's stupid that startups don't tell people going in what the overhang is, or that you won't get called back or get weird looks. Everyone is looking out for their bottom line, wtf would a startup expect any less from an employee that's about to spend 60+ hours a week toiling on the product? In any case, this is good info and I'll pass it onto my kids if they ever decide to join or build a startup. Hopefully they decide to be their own founders. I'll supply the garage :) .
- dudul 7y agoBased on my XP, getting details about options is real difficult. HR and hiring managers are used to people who barely understand the vesting schedule, so when you start asking about percentage, strike price, etc etc it's kind of unusual. And yeah, companies tend to not be transparent simply because they play on people's ignorance to make attract them with options while in 99% of cases you will never see a penny from these.