Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by superqd on Wednesday January 18, 2017 @09:01PM
(#13432340)
Yeah, it's the fact that time isn't regarded as an asset being contributed is what burns my mind. For the salary I received, I think there is a reasonable expectation from the company's point of view that they get 40-50 hours of work. Anything beyond that, in my humblest of opinions, is me investing in the company. There is a logistical problem in accounting for this, obviously, and I'm far from naive on this and other points, but the underlying point remains.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by serge2k on Thursday January 19, 2017 @06:56PM
(#13440577)
> I think there is a reasonable expectation from the company's point of view that they get 40-50 hours of work
The only reasonable expectation should be 40 hours a week.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by CalChris on Thursday January 19, 2017 @12:02AM
(#13433161)
I worked my ass off at a startup, sleeping under the desk, weekends. The usual. At one point I needed a break and informed them that I was taking a break. Two months cycling through Europe.
When I came back, they'd moved and I had the best cubicle reserved for my return. They missed me but only because I forced the issue.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by wox on Thursday January 19, 2017 @03:44AM
(#13434164)
Sorry I don't follow. So you came back, and the company had moved but they reserved a cubicle for you at the new office?
What does you forcing the issue have to do with them missing you?
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by ethbro on Friday January 20, 2017 @03:42PM
(#13446825)
> the best cubicle
No small thing on a place parent presumably spent a lot of time.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by passiveincomelg on Thursday January 19, 2017 @08:42AM
(#13435654)
It sounds like you realized you needed a break before it was too late (i.e. "burnout"), which is obviously good. But why did you return to this grind?
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by CalChris on Thursday January 19, 2017 @09:48AM
(#13436169)
Interesting work and stock. I was partially vested and I could/should have looked around.
Don Knuth said something (about TeX): never spend more than 2 years of your life on something. I've broken that rule several times but I'd counsel following it on startups, especially someone else's startup.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by passiveincomelg on Thursday January 19, 2017 @10:47AM
(#13436662)
Sounds like a good rule. One that I happen to have followed when it comes to work and broken when it comes to studying (which I know consider mostly a waste of time).
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by passiveincomelg on Friday January 20, 2017 @09:22AM
(#13443909)
*now
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by jacobush on Thursday January 19, 2017 @09:00AM
(#13435769)
Sorry it sounds like the Stockholm syndrome.
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by CalChris on Thursday January 19, 2017 @12:40PM
(#13437613)
I don't recall the Stockholm captives being well paid, free to leave at any point, with medical benefits and stock options doing interesting work with some decently cool people. Gotta Wikipedia cite on that, skipper?
Yep, that's exactly what your management was counting on.