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Not when the best the nimble upstarts are offering in positions where equity is on the table are options, not shares. I’m all for more employee ownership and e
by neon_electro 4y ago
Not when the best the nimble upstarts are offering in positions where equity is on the table are options, not shares.
I’m all for more employee ownership and engagement from being a shareholder in addition to an employee, but I’d love to see startups equally interested in that.
- lr4444lr 4y agoI don't think you want this. Even in a firm that is under 10 mil., if you are granted hard equity, you're going to be liable for taxes on those shares, which will be extremely illiquid. Options or RSUs let you have your cake and eat it too, at a small price.
- neon_electro 4y agoYou're right - I don't want to touch equity any more. I know how to buy stocks and bonds for mid-to-long term investments, I hope and expect my next employer to prioritize cash/salary-based compensation.