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Most employees at a startup often get screwed. I recently joined a startup and I'm considering the value of my options to be zero. If they do pay off, it'll be
by pathik 15y ago
Most employees at a startup often get screwed. I recently joined a startup and I'm considering the value of my options to be zero. If they do pay off, it'll be a bonus for me. Go for either the learning experience, or if you really love working there. Chances are, if you aren't among the founders, you won't see much even on a successful exit.
Tip: Do an early exercise (83b election) and convert your options into RSUs to avoid higher taxation.
http://www.startupcompanylawyer.com/2008/02/15/what-is-an-83b-election/ http://www.startupcompanylawyer.com/2008/02/15/what-is-an-83...
- stretchwithme 15y agosince 90% of startups fail, most employees and founders don't get a pay off.
- adgar 15y agoThis submission is about startups with a (presumably positive) exit. Despite that restriction, removing the 90% you cite, many employees are still expressing significant disappointed with their resulting compensation.