kumar785

Re:CEOs Want Their Offices Back on Monday May 22, 2017 @12:06PM (#14394683)

I don't think it is a cargo cult. My guess is that the focus is to make these engineers replaceable. And "quiet, introverted, methodical folks" are difficult to replace. Dumbed down open office workers and brogrammers are easily replaceable with another recent graduate some place cheaper.

Re:Ask HN: Why some startup equity agreements have “repurchase on divo... on Friday May 19, 2017 @07:13PM (#14380029)

Thank you. Is it a must-have, or VCs don't really care?

Ask HN: Why some startup equity agreements have “repurchase on divorce” clause?

Posted by kumar785 on Friday May 19, 2017 @11:47AM
from the ask-hn dept.

I've noticed that some startup founders equity agreements have introduced a "repurchase right on divorce" clause that allows the company to repurchase shares of the company stock upon involuntary transfer of the stock from a founder. For example, if the founder`s spouse owns equity as a part of common property and there is divorce, shares could be repurchased from founder`s spouse. That is...

( Read More... | 2 comments | on HN )