Re:Facebook Handled their IPO Exactly Right
by spiffage on Tuesday September 04, 2012 @01:28PM
(#4475554)
The reason tech companies rely heavily on stock-based incentives is to align the interests of the employee with the shareholder. You want the group to have a shared fate. Cold, hard cash, while attractive to people who haven't yet joined, doesn't align interests as well as stock does.
[ Parent
| on HN ]
Re:Facebook Handled their IPO Exactly Right
by bradleyjg on Tuesday September 04, 2012 @04:56PM
(#4476487)
They can always take the upthread suggestion of repricing options, or issuing RSU.
I'm really not seeing any employee downside other than some punctured dreams - and I don't see how those dreams would have been any less punctured if they had IPO'd at $10 and moved to $18.