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>this was just a way to pay employees with their loan This feels like a more complex, insidious version of company scrip. At the end of the day, you’re getting
by rangersanger 4y ago
>this was just a way to pay employees with their loan
This feels like a more complex, insidious version of company scrip. At the end of the day, you’re getting paid in fake company money that’s worthless if they go belly up.
- onlyrealcuzzo 4y agoIt is not worthless! That's typical startup equity (common stock for employees at least). The whole point is you're in debt (against worthless equity). It's negative worth!
- deleted 4y ago[deleted]