throwaway23334

4 ms·

1. 1.▲
   by throwaway23334 6y ago

   Thanks for the advice. I think with a transaction of this size, the company/founders/executives would be violating their fiduciary responsibility to NOT settle up former employees who are a threatening a lawsuit. The settlement wo
2. 2.▲
   by throwaway23334 6y ago

   this. It's becoming clear that to maximize wealth, either !. join a public company that has RSUs or 2. be a startup founder
3. 3.▲
   by throwaway23334 6y ago

   a 10 year exercise window would've solved this, I hope this becomes the standard going forward.
4. 4.▲
   by throwaway23334 6y ago

   As a founder, let's say you can take home 15 million and your employees get nothing, or you can take home 14 million and your employees get 1 million. Is taking the 15 million because you can and it's totally legal not shitty and
5. 5.▲
   by throwaway23334 6y ago

   couldn't agree more
6. 6.▲
   by throwaway23334 6y ago

   I agree with the lottery analogy. But in this instance, the lottery ticket kind of hit? There's an exit event happening, people are getting paid. All of the money that employees paid to exercise their options is literally going to pay
7. 7.▲
   Ask HN: Startup employees getting nothing after acquisition, is this normal?

   83 points by throwaway23334 6y ago|69 comments