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Stock options are wage theft for the vast majority of employees taking it, it's gambling and the vast majority of bets don't pay off. It is genius, convincing p
by cguess 1mo ago
Stock options are wage theft for the vast majority of employees taking it, it's gambling and the vast majority of bets don't pay off. It is genius, convincing people to work for less or free.
- guywithahat 1mo agoExcept employees aren’t working for free. They’re working for normal salaries, plus stock. What Jim pioneered (and Marc built on) was the idea that founding engineers might end up insanely rich, and because Marc is an investor he can push this ideology to all of the companies that take investment from him
- iAMkenough 1mo agoEmployee salaries aren’t keeping “normal” pace