Re:The Open Guide to Equity Compensation
by cyanydeez on Monday April 14, 2025 @09:36AM
(#43681122)
The question is more so to startups looking for proper staff. I'm not really certain you're getting the best quality staff if your best offer is to pimp up options. Seems like only morons would take that, and well, isn't that a problem itself?
[ Parent
| on HN ]
If you think about it the vast majority of startup options are worth $0 so you have to treat them as worthless or you’re not being rational.
The idea that they’re a lottery ticket is the only way they keep hiring and I’ve heard plenty of engineers refer to actual lottery tickets as idiot tax