Wow. After reading this I clicked on CEO Ryan Breslow's Twitter profile pic which is of him barefoot, wearing a psychedelic hoodie and sitting in a yoga position with his palms upturned. Between this loan idea, the self-reference to the 4 day work week and the yogi pose, it's like something straight out of HBO's "Silicon Valley."
Wow, everything about this thread -- from the kitschy, nearly condescending rara tone, to the exclamations about something never having been done before being a reason to it -- as well as his profile pic just screams to me that this is a company with a totally broken ethos buried in some weird SV startup pathology. It's all just so weird.
> There IS risk to the employee; they now have a real loan outstanding and 100% personal recourse, so if the common stock becomes less than exercise price, their personal assets are on the hook