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> percentage of the company with transparency on prefs I had this at 1 of three startups job offers that offered options. Guess what? It was only at that one t
by lonelappde 7y ago
> percentage of the company with transparency on prefs
I had this at 1 of three startups job offers that offered options. Guess what? It was only at that one that equity paid out to anyone.
Having an "equity" package without this is insane. Why would you want to work for someone who trusts their core business to someone they think would fall for junk like that? It's not just "equity has unknown value", it's "equity has unknown value but I'm giving it a wholly fake measure of 100,000 Monopoly dollars because I think you are just that stupid."
I'm not going to join a team that is pulling the moral equivalent of a 419 or Windows Tech Support Telemarketing Scam on day 1 of our relationship.
These companies are actively selecting for morons. Not only are they immoral scum, but they aren't going to be very successful if their engineers are morons.