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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 rubicon33 on Tuesday March 26, 2019 @03:22PM (#19495166)
Something I am always curious about is, was your company / CEO open and honest with you about how your shares were doing? If you worked somewhere for 5 years, it could be easy to think you're safe but meanwhile the CEO is diluting your equity to fractions of what it originally was? Don't they have to report that to employees?
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Re:Working for a startup makes less sense, unless you are in... by cik on Friday April 05, 2019 @11:11AM (#19583314)
In my experience both as that employee, and sometimes the executive - they're not. There are frequently legal, secrecy, or other corporate reasons for the lack of disclosure. It kinda sucks - but it's understandable.

To be fair, I'm someone who has never chosen shares over base salary. The equity slot machine is fine, but I (firmly) believe that over the long haul, the only thing that matters is index investing. Benjamin Graham is always right.

I appreciate shares - I work either way. They're just not my motivation. If that works for others - great.

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Re:Working for a startup makes less sense, unless you are in... by xmly on Tuesday March 26, 2019 @07:32PM (#19496900)
Every round of financing, the shares got diluted but the total value of shares should increase. Otherwise, the company is not doing well and taking a down turn.
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