Hacker News new | ask | show | jobs
by bloodyplonker22 549 days ago
Cap table data is one of those things that turns grown men into a bunch of high school gossipers. It is even more juicy information than salary data because most people know around how much money each position is paid in terms of salary. Stock ownership is a completely different story. Stock can be given to different employees at orders of magnitude differences depending on the position or stage that the employee joined at. I knew an employee who found out about another employee's stock grant amount. Once he found out, he refused to work hard at all because the other employee was "not as intelligent" or as senior as he was, yet he was granted 5x the stock because he joined earlier. It is no surprise that even outsiders of the company illegally share the data like high school gossipers.