Ask HN: Is it just me or do a lot of people not know how stock options work?
I work in a startup in San Francisco. We're profitable & growing, about 30 people now. I'm one of the first engineers so I have a good chunk of stock options. A lot of times when I talk to my friends (mostly engineers, mostly in their middle 20s) about stock options they don't even know the basics. A few examples from my life: * A coworker left the company right before the end of his first year. He had ISOs, and it wouldn't be that expensive to buy them, but he still decided to leave right before the 1 year cliff date to go work in another company. * A friend of mine did not sign his stock options paperwork when his employer gave it to him more than 1 year ago. I guess he was just lazy, didn't want to sign something he did not fully understand. I don't know all the details but I assume if he signs it now he loses 1 year of vesting, the grant price will b
Why it failed
I work in a startup in San Francisco. We're profitable & growing, about 30 people now. I'm one of the first engineers so I have a good chunk of stock options. A lot of times when I talk to my friends (mostly engineers, mostly in their middle 20s) about stock options
- Kind
- startup
- Status
- Shut down
- Inventor
- stockoptionsta
- Ended
- 2016
- Source
- hackernews