Most employees have to like your company in the first place before they would ever even return your recruiter email or apply to work at y...
Most employees have to like your company in the first place before they would ever even return your recruiter email or apply to work at your place. These people do not communicate why they rejected you. Basically, you have the option of $250k annual liquid compensation from GoogFaceSoft and a low stress & time working environment. Vs. random startup that if it hits it big, you would make more than that amount and have more fun doing it. Now you starting hearing stories that equity compensation isn't so great: 1. Companies take far longer to get to IPO now. You might not be able to liquidate your stock until 7+ years later. They also don't like it when you try to sell in between. 2. Companies play take back games with dilution, zynga style threats, or even just pure stock buyback options at the original / FMV strike price like Skype. 3. VCs play take back games with liquidation preferences & more. 4. There is this AMT headache that can be double or more than your strike price cost. Founders have 0 AMT, 0 strike price cost, and long term capital gains tax rates! 5. You soon realize it's %70 investors, %15 1 or 2 founders and %15 all employees on a power law! If your facebook then maybe %20 founders, %20 employees. Why become an early start up employee who works just as hard with %0.5-%0.01 when you can be a founder? Thus the 'glut' of start ups with angel rounds. You have overpriced mortgages & rent to pay in the bay area, so money is important.
Posted by mahyarm on Mar 24, 2015, 5:34 AM
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Raise real-world problems, find people facing the same issue, and discuss solutions.7,500 issues0 comments
pricing (Housing)
> 1) Land is effectively nationalized under 100% LVT.
This low cost -> artist -> rich people movement of neighborhoods is something I observed happening in some cities I’ve lived in and it am...
From an admittedly selfish point of view, I also don't mind this.
> Oil is still underpriced wrt to its environmental cost.
If component prices keep going up and the respective monopoly/duopoly/triopoly for each component colludes to keep prices high&...
When I moved to the bay area out of college housing was too expensive for me to manage even working for a large tech company.
High housing costs is a key factor.
I know this isn't how our political system works, but if I were king of America I'd try to solve the problem of expensive housing like th...
Most employees have to like your company in the first place before they would ever even return your recruiter email or apply to work at y...
Most employees have to like your company in the first place before they would ever even return your recruiter email or apply to work at your place. These people do not communicate why they rejected you. Basically, you have the option of $250k annual liquid compensation from GoogFaceSoft and a low stress & time working environment. Vs. random startup that if it hits it big, you would make more than that amount and have more fun doing it. Now you starting hearing stories that equity compensation isn't so great: 1. Companies take far longer to get to IPO now. You might not be able to liquidate your stock until 7+ years later. They also don't like it when you try to sell in between. 2. Companies play take back games with dilution, zynga style threats, or even just pure stock buyback options at the original / FMV strike price like Skype. 3. VCs play take back games with liquidation preferences & more. 4. There is this AMT headache that can be double or more than your strike price cost. Founders have 0 AMT, 0 strike price cost, and long term capital gains tax rates! 5. You soon realize it's %70 investors, %15 1 or 2 founders and %15 all employees on a power law! If your facebook then maybe %20 founders, %20 employees. Why become an early start up employee who works just as hard with %0.5-%0.01 when you can be a founder? Thus the 'glut' of start ups with angel rounds. You have overpriced mortgages & rent to pay in the bay area, so money is important.
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