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A comment on Patreon Lays off 17% of Staff. Parent comment

Re:Patreon Lays off 17% of Staff by sk5t on Tuesday September 13, 2022 @08:47PM (#32831965)
That's regular luck, or at least not bad. Options worth > $0 is an occasion of very, very good luck.
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Re:Patreon Lays off 17% of Staff by chrisseaton on Tuesday September 13, 2022 @11:24PM (#32832994)
> Options worth > $0 is an occasion of very, very good luck.

Why do you think that?

It doesn’t require ‘very, very good luck’ for most companies shares to not collapse.

If you work for a big company like Oracle or IBM your options have cash value no luck needed.

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Re:Patreon Lays off 17% of Staff by sk5t on Tuesday September 20, 2022 @10:15PM (#32920160)
> Oracle or IBM

What? These are public companies; short-dated OTM options have > $0 value only in volatile markets. But these companies don't pay employees in options.

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Re:Patreon Lays off 17% of Staff by none_to_remain on Tuesday September 13, 2022 @11:56PM (#32833173)
Options as tech startup employee compensation vs. Options in general
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