News for hackers. Stuff that matters.
Re:Introducing Progressive Equity – Increase employee owners... by andrew on Tuesday April 07, 2015 @06:47PM (#9337685)
I recommend setting the financial independence threshold high enough that normal people will feel like anything beyond it is useless anyway. So there's no real downside unless you have your heart set on spawning a couple of Foxcatchers. And there's tons of upside.
Re:Introducing Progressive Equity – Increase employee owners... by baddox on Tuesday April 07, 2015 @08:00PM (#9337988)
It's not just that the reward for joining early is smaller than it used to be. It's also smaller compared to joining later. The marginal utility of money is actually what's causing the problem. If I can join a company late with very little risk and a much higher chance to make a few million, I'm probably much less incentivized to join a company early with the risks associated with that.
Re:Introducing Progressive Equity – Increase employee owners... by droopyEyelids on Wednesday April 08, 2015 @01:11AM (#9338887)
But in this system the incentive to join early is still several multiples, mind boggling multiples, of what it is to join later.
Re:Introducing Progressive Equity – Increase employee owners... by ucaetano on Wednesday April 08, 2015 @01:07PM (#9342238)
Just as the risk is much, much higher. People just hear about those few who became bi/millionaires out of IPOs, not the thousands that never made it.
Re:Introducing Progressive Equity – Increase employee owners... by ucaetano on Tuesday April 07, 2015 @07:31PM (#9337872)
And how much would that be? $100M? Which would generate a few M USD per year of disposable income?