2 ms·

It almost seems like securities fraud. Lie to the people you are encouraging to borrow money to buy stock?

• ppeetteerr 4y ago
  Depends on the timing and the conditions, but if my CEO did that, I'd be looking for a way out.
  • htyrgwne5 4y ago
    YMMV, but this worked out quite well for me. In my case I'd worked with the founder at their prior startup, where they saw a nice exit (but I was too late to significantly benefit). When I later joined their next startup, they offered a no interest loan to early exercise my options, so that I could go the 83b route and see some tax benefit. Like I said, this ended up working out quit well for me.
    • ppeetteerr 4y ago
      I was more referring to lying about layoffs