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>> That's normal and is why I count startup stock and options as $0. This absolutely need to be conveyed to every present and future employee of startup. Unles
by Trias11 6y ago
>> That's normal and is why I count startup stock and options as $0.
This absolutely need to be conveyed to every present and future employee of startup.
Unless you're founder or investor taking a risk - startup shares worth nothing.
I think startup hiring managers using worthless options as a negotiating tactic should be prosecuted for securities fraud.
Misleading employees is no less crime as misleading investors.