4 ms·
That first article sure is funny. 10% to the first 10 employees... my current employer gave me roughly 0.001% in stock options and I'm employee #5.
by sunsunsunsun 4y ago
That first article sure is funny. 10% to the first 10 employees... my current employer gave me roughly 0.001% in stock options and I'm employee #5.
- 8note 4y agoThat sounds like either they didn't need you or you made a poor choice? Or you were paid in cash instead?
- subroutine 4y agoWas that like 100 shares?
- subroutine 4y agoDownvoted, but I'm genuinely curious. At that point (5 employees) the company probably had the standard 10 mil authorized stock. 10 mil * .001% = 100 shares
- dchftcs 4y agoIf the company goes to a billion, you get 10000, and that's without dilution. Sounds like a really bad deal, unless you're already paid a lot of cash.