2 ms·
Also, most of the ATL companies are bootstrapped and there is no cultural of handing out liberal stock options. Valley startups don't hand out liberal options,
by michaelochurch 13y ago
Also, most of the ATL companies are bootstrapped and there is no cultural of handing out liberal stock options.
Valley startups don't hand out liberal options, not anymore. Typical for a 20th employee is around 0.05%, which rarely makes up for what's lost by taking a below-market salary. (Plenty of Tumblr employees cashed out with less than a million.) Almost no one going into the VC-funded world now is going to get rich enough to become an angel investor. That ship sailed about ten years ago.