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No solution was offered here. This generic advice could be applied to anything: "in order to solve XYZ, ask some of your peers and perhaps try some products wh
by johnrob 13y ago
No solution was offered here. This generic advice could be applied to anything: "in order to solve XYZ, ask some of your peers and perhaps try some products whose stated purpose is to solve XYZ".
- ntomaino 13y agoim not smart enough to come up with a solution, that's what the HN community is for. The purpose of the piece was to shine light on a problem (lack of transparency in salaries at VC backed companies)
- johnrob 13y agoOn that note, I'll throw out an idea - maybe the valuation of company stock is not accurate enough. If it were, the problem would be much easier: big co salary = startup salary + #shares * (stock price - option strike price). EDIT: diving one level deeper, perhaps a company needs two valuations: one for investors buying the stock (market driven), and an internal one that employees are likely to accept. The two numbers should be the same, but during bubbles there might need to be a gap between them.