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A comment on Working for a startup makes less sense, unless you are into the mission. Parent comment

Re:Working for a startup makes less sense, unless you are in... by kolbe on Tuesday March 26, 2019 @01:27PM (#19494019)
If the Lyft founders are entering the IPO with about 3.5% each, then I don't think it's crazy for 10th engineers these days to have less than a basis point.
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Re:Working for a startup makes less sense, unless you are in... by askafriend on Tuesday March 26, 2019 @03:55PM (#19495426)
That doesn't tell the whole story. There's a dual class share structure and even with the 7.5%, they retain majority control of the company.
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Re:Working for a startup makes less sense, unless you are in... by kolbe on Tuesday March 26, 2019 @06:01PM (#19496421)
When you're talking about valuing their shares, yes, it does tell the whole story. They cannot transfer their extra voting rights, so if they're ever interested in monetizing their investment, they have to convert to limited voting shares to sell. And all we're talking about here is the monetary payout of working at a startup.
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Re:Working for a startup makes less sense, unless you are in... by askafriend on Tuesday March 26, 2019 @06:26PM (#19496564)
> And all we're talking about here is the monetary payout of working at a startup

Fair, I concede my point based on this premise.

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