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Startups that pay employees well are not scams for employees. Startups that give >0.1% are not scams. Anyone getting 0.0002% expecting to get rich is not being
by crystaln 13y ago
Startups that pay employees well are not scams for employees. Startups that give >0.1% are not scams.
Anyone getting 0.0002% expecting to get rich is not being scammed, they are being stupid.
- sjg007 13y agoSo many startups don't even give out the % your options are..
- shiftb 13y agoYou can always ask the number of shares outstanding and calculate it yourself.
- rahimnathwani 13y agoYou would also need to know the # of options outstanding. You can't really calculate the value of options without knowing the complete cap table, and details of different share classes (particular liquidation preferences). I don't know whether it's common for small companies to share all of this information outside the senior team or potential hires for that team.
- sjg007 13y agoYeah, I've gotten absolutely no where when I've asked.
- rahimnathwani 13y agoIn that situation, I would assume the value to be zero for the purpose of decision-making. @sjg007 email me if you want to discuss in more detail (address in profile).