Re:How Open Should a Startup CEO be with Staff?
by rdtsc on Sunday September 29, 2013 @04:23AM
(#6464532)
> No. If you're being exploited, it's because you made a bad decision.
And of course because they are software engineers they will always act like perfectly logical proof machines and if they don't know laundry list of startup terminology and financial details of stocks and options well yeah sucks to be them. /s
> You're empowered to do whatever you like with your career, but the complaint is...that other people are exploiting you?
Yes employers exploit employees. Is this that surprising? This perfect balance of power between the two exists in simplified models of the world we like to build in our heads.
Yes they should know better, they should know the financial details. They don't seem to act rational working 100 hours a week for a %0.01 of equity. Good, we've got that squared away. Now how come so many of the supposed rather rational individuals end up in that situation? That's where it is interesting. Survivorship bias and hanging out on HN might help reinforce it as well. Maybe there are other factors? Are some idealists and like to believe in a cause? Ok, now, does the CEO also know that and is exploiting it?
And of course because they are software engineers they will always act like perfectly logical proof machines and if they don't know laundry list of startup terminology and financial details of stocks and options well yeah sucks to be them. /s
> You're empowered to do whatever you like with your career, but the complaint is...that other people are exploiting you?
Yes employers exploit employees. Is this that surprising? This perfect balance of power between the two exists in simplified models of the world we like to build in our heads.
Yes they should know better, they should know the financial details. They don't seem to act rational working 100 hours a week for a %0.01 of equity. Good, we've got that squared away. Now how come so many of the supposed rather rational individuals end up in that situation? That's where it is interesting. Survivorship bias and hanging out on HN might help reinforce it as well. Maybe there are other factors? Are some idealists and like to believe in a cause? Ok, now, does the CEO also know that and is exploiting it?