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If you're an employee (no equity), be assured your employers don't care about you when the money starts to dry up. If you're overpriced for the revenue you brin
by jack9 8y ago
If you're an employee (no equity), be assured your employers don't care about you when the money starts to dry up. If you're overpriced for the revenue you bring in, you're gone. This is stuff everyone learned in the 90s bubble. Now the paper mags are falling over and he's acting surprised. SMH
- warriormonk5 8y agoDon't think that some paper equity gives your employer more loyalty to you
- jsjohnst 8y agoI agree, when the startup piggy bank runs out, the paper equity doesn’t mean much, speaking from personal experience.
- gaius 8y agoIf you're an employee (no equity), be assured your employers don't care about you when the money starts to dry up Plot twist: they don’t care about anyone holding mere common stock. That’s why “preferred stock” became a thing.
- qubax 8y ago> This is stuff everyone learned in the 90s bubble. This is stuff every generation learns during every major recession. During the boom times, when business is good, the company treats its employees well and everyone thinks the company will always take care of them. Recession hits and reality smacks you right across the face.