Re:Ask HN: Should CTO own company shares?
by itstomkent on Friday September 23, 2022 @10:59AM
(#32952815)
Perhaps unpopular opinion, but I think unless you had original risk/skin in the game, you shouldn't have any shares - but should have fair market compensation salary wise. If you didn't put in sweat equity, or actual equity back when a return, or even the early survival of the company was not guaranteed - you are an employee, not an investor/founder - and should be compensated as such.
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Re:Ask HN: Should CTO own company shares?
by giancarlostoro on Friday September 23, 2022 @11:02AM
(#32952865)
I think an ESPP is a reasonable compromise, but not sure how that works when you're not in the public market, I've not worked for a startup. Want equity outside of what was offered when you were hired? Put your money where your mouth is if you believe this company will be worth something.
Re:Ask HN: Should CTO own company shares?
by itstomkent on Friday September 23, 2022 @11:05AM
(#32952900)
Ah - yes agreed. I'm into that.