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sunsunsunsun
1471 days ago
That first article sure is funny. 10% to the first 10 employees... my current employer gave me roughly 0.001% in stock options and I'm employee #5.
3 comments
8note
1471 days ago
That sounds like either they didn't need you or you made a poor choice? Or you were paid in cash instead?
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brabel
1471 days ago
Yeah, not OP that's my situation... they paid me way above market though :D so I am happy.
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maerF0x0
1471 days ago
or possibly it's an extremely capital intensive startup and sunsunsunsunsunsunsuns didnt put up any money.
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dchftcs
1471 days ago
If the company goes to a billion, you get 10000, and that's without dilution. Sounds like a really bad deal, unless you're already paid a lot of cash.
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subroutine
1471 days ago
Was that like 100 shares?
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subroutine
1471 days ago
Downvoted, but I'm genuinely curious. At that point (5 employees) the company probably had the standard 10 mil authorized stock.
10 mil * .001% = 100 shares
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