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A comment on Zapier reached a $5B valuation with $1.3M of funding. Parent comment

Re:Zapier reached a $5B valuation with $1.3M of funding by ghiculescu on Wednesday March 10, 2021 @07:17PM (#26418445)
Most people would prefer to be paid a good salary for doing good work, rather than uncertain lottery tickets and an obligation to understand how they work.

I think most companies would prefer to operate this way, too.

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Re:Zapier reached a $5B valuation with $1.3M of funding by bradlys on Wednesday March 10, 2021 @08:02PM (#26418805)
Once companies start paying $500k-1mil/yr liquid - fine.

But as it stands, I make a lot of money off those "uncertain" lottery tickets and demand a lot of them wherever I go.

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Re:Zapier reached a $5B valuation with $1.3M of funding by cosmodisk on Wednesday March 10, 2021 @08:23PM (#26418963)
This is mostly a US only thing, outside of it there are very few places where this would even be an option.
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Re:Zapier reached a $5B valuation with $1.3M of funding by bradlys on Wednesday March 10, 2021 @08:36PM (#26419075)
Sure but this company is headquartered and (mostly) founded in San Francisco. So... stock options from such a company would be standard as far as location go.
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Re:Zapier reached a $5B valuation with $1.3M of funding by disiplus on Thursday March 11, 2021 @04:52AM (#26422232)
afaik zappier is mostly remote
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Re:Zapier reached a $5B valuation with $1.3M of funding by RA_Fisher on Thursday March 11, 2021 @08:18AM (#26423647)
It’s a very powerful way to align incentives. It results in a major reduction in political arguments and a major increase in productivity. It’s a long-term incentive, so it causes employees to take good risks for the customer even if they won’t be apparent today.

Stock is literal ownership and it eases “ownership problems” proportionate to the meaningfulness of the expected value of the stock to the employeee-owner. It’s a powerful tool for increasing teamwork.

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Re:Zapier reached a $5B valuation with $1.3M of funding by momo_O on Friday March 12, 2021 @01:50PM (#26439346)
What stage are companies at when you get the lottery tickets? And by lottery tickets do you mean options or equity?
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Re:Zapier reached a $5B valuation with $1.3M of funding by specialist on Thursday March 11, 2021 @10:51AM (#26425298)
Some of us want a fair share of the wealth we created.
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