3 ms·
Do employees get screwed, or is it just that too many of us employees sign on and see the word equity and think that means we're suddenly co-founders?
by parsley27 6y ago
Do employees get screwed, or is it just that too many of us employees sign on and see the word equity and think that means we're suddenly co-founders?
- eloisant 6y agoWhen a founder tells you "the salary is low, but you get equity" he is screwing you. If you take a market salary, and see equity as what it is (a lottery ticket that might, maybe get you a few tens of grands) then it's fine.
- seattle_spring 6y agoDefinitely the former, unless you feel that only co-founders deserve market pay and equity that pays out at >$0. In many cases, employees even lose money because they have to exercise options with no insight into if they'll ever be worth a dime.