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by sreekotay 2064 days ago
Missing are the zeros (and negatives)
2 comments

I don't think most people have the bandwidth to download a chart that reflects the employees who get screwed.
Do employees get screwed, or is it just that too many of us employees sign on and see the word equity and think that means we're suddenly co-founders?
When a founder tells you "the salary is low, but you get equity" he is screwing you.

If you take a market salary, and see equity as what it is (a lottery ticket that might, maybe get you a few tens of grands) then it's fine.

Definitely the former, unless you feel that only co-founders deserve market pay and equity that pays out at >$0. In many cases, employees even lose money because they have to exercise options with no insight into if they'll ever be worth a dime.
>We dove into major tech IPO’s since 2018 to find out.

It also self-selects for "major" offerings as well. I'd be curious to see this table for ALL tech IPOs.