3 ms·
A side note. It was 2006 when I joined Wikia (Fandom). I was being paid $850 per month, but I also received a piece of paper promising me shares worth of $15,
by zeroq 2y ago
A side note.
It was 2006 when I joined Wikia (Fandom).
I was being paid $850 per month, but I also received a piece of paper promising me shares worth of $15,000.
It felt like a good chunk of money.
But then I asked myself few questions:
(a) being an Elbonian citizen, how do I enforce this contract?
(b) how much would it it cost me to enforce this contract?
(c) even if I receive these shares and the company would not go IPO what am I it?
Shortly after I quit and left that piece of paper on my desk in the office.
- Mistletoe 2y agoReally think you should have at least taken the paper with you. What would they be worth now?
- orange_joe 2y agoHe's speaking rhetorically, most of the time the company setups you up with options that expire worthless.
- zeroq 2y agoas joe said, there was a small footprint saying I have to stay X amount of time with the company to vest these shares.