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I don't understand what you're saying. Decline which stock offering? Don't work for equity at all, you mean?
by mindvirus 13y ago
I don't understand what you're saying. Decline which stock offering? Don't work for equity at all, you mean?
- hga 13y agoExactly, except it's "don't work for non-vested, they can take it away from you" equity (which is not to be confused with equity where they have the right of first refusal to buy it back if you separate). When they ask you to sign up for deferred stock options, which requires paperwork you need to sign, don't. Or if it's a sufficiently confused small startup, never return the paperwork and let it slip through the cracks ... although when it comes time for the investment/sales event, they've got to know you have no options.... Hmmm, for excuses maybe mention some of the screw cases where people got options vested---exercised them? I forget the details---but the stock then tanked, and they had a big tax bill. I.e. throw FUD on the mechanism, the IRS, etc., but not the company. Or say you're a proletarian ^_^?