Re:Do the math on your stock options
by rahimnathwani on Thursday December 31, 2015 @04:23AM
(#10816931)
You did the right thing. The situation is analogous to someone telling you the numerical amount of your proposed salary, but not telling you the currency and/or frequency. You don't have a right to know the details, but without the details it's hard to evaluate them as worth more than 0.
[ Parent
| on HN ]
Re:Do the math on your stock options
by Lawtonfogle on Thursday December 31, 2015 @11:02AM
(#10818117)
If you are signing a contract, why don't you have the right to know? If I tried to defend the fact that I never specified paying in US currency in some contract and instead used what ever the new hyper-inflated currency is, a judge would kick me out of the court room. Only if it was explicitly stated would a judge uphold such a contract.
You don't have a right to know, because you weren't born with the right and nothing grants you that right. Your option, if you don't like not being given the information you request, is to not sign the contract.
This is a case where you have the right if you insist on it.
Your BATNA is to walk away from a deal where the counterparty refuses to give you the information needed to make a rational decision.