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yeah, but new engineers don't have the same amount of stock options that the earlier ones. I have been in a startup, where the company had matured some, and th
by ardit33 17y ago
yeah, but new engineers don't have the same amount of stock options that the earlier ones.
I have been in a startup, where the company had matured some, and the options given to new people were almost irrevelant, while the people that had higher positions, had been there longer, and would push people to work hard, b/c they had the incentive to do so.
People realized this, that they were working startup hours, but not getting options, or a big corp pay either, and getting the shaft. A lot of employees and managers just left.
I went through 6 different managers in one year. It got ridiculous, and damaging to the morale.
- dschobel 17y agoThis is basically what happened at Google except that they had the sense to reprice the striking price of the options to make them meaningful again.