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Also, Stock options are mostly at least in Silicon valley an excuse for a company to get away with paying less to their employees. Another excuse is to use them
by eshvk 14y ago
Also, Stock options are mostly at least in Silicon valley an excuse for a company to get away with paying less to their employees. Another excuse is to use them as a way of saying "It is your company so suck it up and do X" where X might be work 18 hours a day to anything. Classic case of misleading vividness [1] of stellar performance of a fraction of the startups causing this phenomenon to spread.
[1] http://en.wikipedia.org/wiki/Misleading_vividness http://en.wikipedia.org/wiki/Misleading_vividness