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If only they had beat Groupon to an IPO and been the ones to raise a warchest before the market realized these businesses were a terrible idea. Once this fundi
by ready_set_go 14y ago
If only they had beat Groupon to an IPO and been the ones to raise a warchest before the market realized these businesses were a terrible idea.
Once this funding runs out they will probably be a great bargain basement acquisition for a handful of companies.
I feel really bad for the hard working employees who were counting on the stock options =(
- aaronbrethorst 14y agoYou should never count on stock options being anything other than a nice bonus that likely won't materialize. If you're taking a significant haircut on salary or benefits in order to have a shot at a big payday, you're doing it wrong. Join a startup because you think it'll be a fun ride, not to make a million dollars.