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0 pointscyberax7mo ago0 comments

Stock options.

0 comments

Unless they're preferred stock options, that's not caring. It's misdirection.

Yup. If they won't show you a cap table or if you have different shares from the founders, you value it at zero until proven otherwise (liquidity event).

cyberaxOP7mo ago

Uhm... No? Founders typically also have common stock. Preferred stock is for investors.

hinkley7mo ago

I'm pretty sure that's not the case, but I've never heard of a early or even founding engineers getting preferred stock.

Which is just a roundabout way then of saying that they want to appear like they care, but they don't actually. You will become math to them at the point where they get rewarded and find out your reward is more work.

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hinkley7mo ago

Unless they're preferred stock options, that's not caring. It's misdirection.

rjbwork7mo ago

Yup. If they won't show you a cap table or if you have different shares from the founders, you value it at zero until proven otherwise (liquidity event).

cyberaxOP7mo ago

Uhm... No? Founders typically also have common stock. Preferred stock is for investors.

hinkley7mo ago

I'm pretty sure that's not the case, but I've never heard of a early or even founding engineers getting preferred stock.

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