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>This week, a Bay Area founder was taken aback when an engineer being recruited by his startup asked for both its cap table and information regarding the liquid
by jsprogrammer 11y ago
>This week, a Bay Area founder was taken aback when an engineer being recruited by his startup asked for both its cap table and information regarding the liquidation preferences of its venture backers.
Yep, if you are the engineer: time to nope the fuck out of there as quickly as possible. The founder has no real consideration for you other than as a resource in his fiefdom.
- boomzilla 11y agoNow that's a bit extreme. A lot of engineers would consider the company as nothing but "It's just a job as I'll jump ship as soon as some better gig comes along", and that's totally fair . You hire someone because there's work to be done. You would develop professional, working and possibly personal relationships as you work together for some time. That has nothing to do with the common hiring practices. For the records, I always asked for the cap table when negotiating an offer and I understand that founders are reluctant to share.