3 ms·
I've never been at a company that was quite so liberal with their term sheet. Small or large, nobody wants to talk about it. My last place had a bunch of bicker
by derivagral 4y ago
I've never been at a company that was quite so liberal with their term sheet. Small or large, nobody wants to talk about it. My last place had a bunch of bickering in their allhands for a few months over total diluted outstanding and similar relevant equity metrics being kept secret.
- pclmulqdq 4y agoYou're not going to be able to hire someone senior without telling them how much they are making. This trick only works on college students and people who are really passionate. Startups have a lot of toxic expectations around keeping those term sheets secret for no good reason.