Re:I sold Baremetrics
by yibg on Tuesday November 10, 2020 @01:51PM
(#25049620)
They're also mostly from a very SV bubble point of view. A lot of posts point to the employees not getting very much from the sale. But there are lots of places in the world where employees of small businesses are not granted large equity stake, and work for a salary like most employees everywhere else. This is especially true for a steady profit driven company that's not aiming for hypergrowth (another very SV centric view of startups).
We don't know how much the employees are paid, for all we know they could be paid the prevailing wage for their location.
We don't know how much the employees are paid, for all we know they could be paid the prevailing wage for their location.