News for hackers. Stuff that matters.

A comment on Silicon Valley's best kept secret: Founder liquidity. Parent comment

Re:Silicon Valley's best kept secret: Founder liquidity by underwater on Wednesday June 12, 2024 @03:12PM (#40661807)
Another consideration is that employees are much less conscious of the real value of their stock than founders, and you don’t want to make the (lack of) value of their shares too obvious in the early stages.

If you tell them the value of their stock is $200k, and 90% of that is imaginary, then they might start thinking about that job offer with a 500k stock grant at a listed company.

[ Parent | on HN ]
Re:Silicon Valley's best kept secret: Founder liquidity by natosaichek on Wednesday June 12, 2024 @03:32PM (#40662027)
This is basically arguing "It's good to deceive your early employees about the value of their compensation" This is morally repugnant to me, and I hope you're not an executive at a company. If you are, I would not work for you.
[ Parent | on HN ]