Re:Federal Reserve chair says decline in workers' share of p...
by ladon86 on Tuesday July 17, 2018 @08:31PM
(#17554729)
He basically agreed with your skepticism in his first comment, but he also believes that his situation is comparatively very fortunate, when looking at many other people in this country.
Both things can be true - your comment is comparing up, as he did in his first comment, while his second comment compares down.
Why? Because the founders gave you 1.8% pre-dillution equity, vesting over 8 years, and told you that's "very generous"?
You're an engineer in a market where engineers are in high demand and short supply. Being one of 3 engineers developing a product and getting just 1.8% of the equity - coupled with high demands and (I would bet) under-market pay isn't such a great deal.
You're shouldering quite a bit of risk spending your best working years in a place that likely will never be able to promote or pay you fairly. Your potential reward for that is very limited.
Yet after all this time, you still think you're getting an "incredible" deal...