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Re:Mailchimp insiders react to employees getting no equity f... by MichaelZuo on Friday September 17, 2021 @10:14AM (#28565733)
Unless the CEO literally owns >50% I don’t see how it means ‘nothing’. Voting blocs come and go I imagine, that’s definitely something.
Re:Mailchimp insiders react to employees getting no equity f... by jacobr1 on Friday September 17, 2021 @11:29AM (#28566612)
Employee options pools tend to be maintained at 10-15% of the company. Unless you are a cofounder, very-early employee, or recruited-big-exec in a growth phase, your equity, AND importantly, ALL the equity from your employee peers sums to less than whatever the VCs+Founders want. Ideally your interests are aligned, and any gain they get your share-in (albeit in a much smaller amount). But things like preferred shares getting liquidation preferences screw with this calculous, as to differing investment horizons.
Re:Mailchimp insiders react to employees getting no equity f... by MichaelZuo on Friday September 17, 2021 @01:22PM (#28568145)
When any of the above mentioned have disagreements, won’t they try to recruit support from the remaining shareholders?
Re:Mailchimp insiders react to employees getting no equity f... by ab_testing on Friday September 17, 2021 @10:29AM (#28565904)
Almost all equity given to employees is a totally different class of shares than held by the founders.
Re:Mailchimp insiders react to employees getting no equity f... by nextlevelwizard on Friday September 17, 2021 @11:55AM (#28566958)
What company gives out >50% of their company to their employees?