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by BurntBunting 2121 days ago
I don't. The founders pushed people who trusted them to work hard and value the company over their own needs. While the founders and their friends were able to pull out equity, every one else was told that they had to wait their turn, which never came.

If Dan and Pete were nice guys, they would have take care of the employees that built their company. The employees wouldn't have been millionaires, but they might be able to scrape together a down payment for a house. And not like the mansion that Dan has, just something that would move them out of the fear of rents increasing and losing their jobs.

They used to be nice guys. I don't wish ill towards them, but they do not deserve a good exit with this.

1 comments

Wasn't Dan or Pete forced to step down on account of gross incompetence? I recall there being some internal drama about their departure.
Haha, certainly no drama and no one forced us or even asked us to step down. I wrote a blog post about it: https://link.medium.com/mHgtiQ3bu9
https://news.ycombinator.com/item?id=24368516

If you don't mind answering, what's the strategy behind a hiring tactic like the one in the link above? It seems cartoonish and not grounded in reality....

Sure, I just responded because you asked so nicely. :)

https://news.ycombinator.com/item?id=24369766

Haha sorry for the snark but I really appreciated your follow up! We’re thinking about hiring at our company and your framing was useful to read.