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Re:Who pays when startup employees keep their equity? by rezlov on Tuesday July 05, 2016 @02:33PM (#12038509)
That's the name of the game. You take a risk to make big money, and sometimes that risk doesn't pay off.
Re:Who pays when startup employees keep their equity? by JohnTHaller on Tuesday July 05, 2016 @02:38PM (#12038558)
*Most of the time in the case of startups
Re:Who pays when startup employees keep their equity? by rhizome on Tuesday July 05, 2016 @03:34PM (#12038925)
Or you start working for a company thinking their product(s) are cool, strong and survivable as its own thing, and then it turns out the plan was not to build a business but to cash out.
Re:Who pays when startup employees keep their equity? by vinceguidry on Tuesday July 05, 2016 @08:07PM (#12040391)
You're still taking a risk, only you're betting with your time and not money.
Re:Who pays when startup employees keep their equity? by rhizome on Tuesday July 05, 2016 @10:58PM (#12040934)
Actually it was only 7 months and I still got ripped in the deal. You can say "low risk, low reward," but in the big picture my reward was sorely out of scale to my contribution. Sorely.
Re:Who pays when startup employees keep their equity? by pm24601 on Tuesday July 05, 2016 @07:07PM (#12040164)
or you get laid off, or you get diluted, or it takes 6 years and you want to do something else with the rest of your life, ....
Re:Who pays when startup employees keep their equity? by rhizome on Tuesday July 05, 2016 @10:56PM (#12040927)
To be sure, it was a thinly-veiled anecdote.
Re:Who pays when startup employees keep their equity? by draw_down on Tuesday July 05, 2016 @03:28PM (#12038880)
Different people have different ideas on the value of "sometimes" in that sentence :)