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by _bfhp 2758 days ago
I don't even understand what half the words here mean and the alienation of human beings still comes through. We can offer advanced college calculus in public high schools but we can't teach basic finance. I don't think anyone but a handful of workers at my job understands any of this
2 comments

Something tells me it is less about basic finance or accounting but more about private contracts between the founder team or whoever has control of the company and private investors.

Most of the employees are not given access to those terms. For example, in my last job in start-up , senior only celebrated each investment rounds but never detailed any of its terms. So, I had no idea whatsoever of the actual reward I should expect and that seems to be the norm from what I hear.

If you can program computers you can definitely understand startup finance. It sounds more complex than it really is! Unfortunately, all the jargon confuses people and they wind up getting screwed...