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Re:Early payouts to startup execs a troubling trend by jedberg on Sunday October 09, 2011 @02:43AM (#3089861)
Just to clarify one thing, the founders in the AirBnB case were not selling anything to investors -- they were taking a dividend, which is even worse for the early employees, because the founders get rich without dilituing themselves, precluding the other employees from doing better in a subsequent round.
Re:Early payouts to startup execs a troubling trend by garry on Sunday October 09, 2011 @03:03AM (#3089893)
To be clear, the Airbnb team is offering liquidity to all of the employees to address this very concern, and have since resolved this issue.
Re:Early payouts to startup execs a troubling trend by nhangen on Sunday October 09, 2011 @08:31AM (#3090349)
Only AFTER they were outed.
Re:Early payouts to startup execs a troubling trend by jedberg on Monday October 10, 2011 @12:53AM (#3092322)
Yes, I know. I should have mentioned that in my comment, but my point was that the agreement as originally written did not line up with the OPs comment.