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> ISO (Incentive Stock Options) are one of the biggest scams of all time and you’re financially illiterate if you value them more than zero. They are carefully
by otterley 5y ago
> ISO (Incentive Stock Options) are one of the biggest scams of all time and you’re financially illiterate if you value them more than zero. They are carefully designed by venture capitalists to screw employees
Given the number of millionaires and billionaires who can credit ISOs for their current wealth, I think that's too broad a statement. At the end of the day, a well-run company that can eventually go public because they have a strong business can be worth joining and the ISOs can be worth something someday. Admittedly, many will not, but if you pick the right one, you could do well.
- scarface74 5y agoSurvivorship Bias at its finest. You don’t hear about the other 90%+ who got absolutely nothing.
- otterley 5y ago> Admittedly, many will not
- krasicki 5y agoYou mean, "there's a chance".