4 ms·
Is this even legal? Doesn't it fall into the same category as "unpaid internships"?
by jhpriestley 16y ago
Is this even legal? Doesn't it fall into the same category as "unpaid internships"?
- ascendant 16y agoAs many have said before, you are also receiving equity in the company.
- jhpriestley 16y agoCan equity be used to satisfy minimum-wage laws? The lawyers here http://www.linkedin.com/answers/law-legal/employment-labor-law/LAW_ELW/156475-20790 http://www.linkedin.com/answers/law-legal/employment-labor-l... seem to think that the answer is "no."
- bugsy 16y agoLegally it's a barter. They are being paid the value of the rent, which they will owe taxes on.