Hacker News new | ask | show | jobs
by kanzure 4769 days ago
I was trying to avoid people voting based on "fun bucks" from startups eager to promise you the world. Maybe in future polls it could say "liquid" compensation only, instead of base? Liquid assets would mean cash, or even shares traded on the open market.

Thing is, other polls included non-base compensation, and the opposite argument gets brought up. But yeah, let's try liquid next time.

Also: this is exactly the class of anecdote I was hoping to hear today. Thanks. Maybe I should go respond to that Google recruiter that keeps emailing me..

1 comments

Startups have a well-documented value based on financing they have raised. They have x% stake, and some investors have paid y% for a z% stake. The mystery is simply in the volatility of future value.

Second market tradable shares and public company shares are easily valued. Anything else has an average value of <$10K, based on a sampling of actual new-startup performance.