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Re:Startup Stock Options – Why a Good Deal Has Gone Bad by maxxxxx on Wednesday April 10, 2019 @12:37PM (#19626371)
How do you diversify as an employee/engineer? work for 10 startups at the same time?
Re:Startup Stock Options – Why a Good Deal Has Gone Bad by CalChris on Wednesday April 10, 2019 @12:42PM (#19626428)
You can't. That is what distinguishes you from a VC. Actually, you can. Serially. Plenty of people work for a startup through its early stage. A year here, a year there. That's diversification.
Re:Startup Stock Options – Why a Good Deal Has Gone Bad by maxxxxx on Wednesday April 10, 2019 @12:56PM (#19626573)
But how do you determine when it's time to jump ship? A year seems awfully short to make that determination.
Re:Startup Stock Options – Why a Good Deal Has Gone Bad by CalChris on Wednesday April 10, 2019 @01:18PM (#19626795)
If your object is diversification of your investment then one year isn't too short. However, typically your option vests monthly after the cliff. So you don't have to stay for two years unless you want to.
Re:Startup Stock Options – Why a Good Deal Has Gone Bad by opportune on Wednesday April 10, 2019 @05:47PM (#19629121)
Bounce around until you find somewhere that has a rocketship trajectory? If you can work at 10 startups over a 20 year career, your odds aren't terrible