Opens profile photo
Follow
Luis Ferrer-Labarca
@TheCataluist
Technical Product Manager at • Jack of all Trades 🃏
Atlanta, GAlabarca.substack.comJoined January 2011

Luis Ferrer-Labarca’s Tweets

Some recruiter emails these days: 🤦‍♂️ "I'm currently recruiting for a specific opportunity, for an innovative client, that I believe has strong synergy with your professional history." Well at least the template is highly reusable 🧐
Join us for discoveries, thoughts, and culture shocks from First-Generation Americans in our first “From World to America 🌎 ➡️ 🇺🇸” Clubhouse Chat this Friday, Feb 12 at 9:00 PM EST on . DM me if you need an app invite! 🎫
3
The silver lining 🌟 Some startups have already started offering restricted stock units to employees (essentially $0 cost stock options that also vest) 🙌 Employees can also remain engaged if they’re allowed to buy their stock and sell it on each round of funding 🥧
1
Show this thread
Some win, some lose 🥊 VCs tend to have pro-rata rights that allow them to keep their percentage of ownership intact, but employees don’t ⚖️ VCs benefit from the upside of keeping the startup private for longer, but employees’ reward gets farther and smaller 👁️
1
Show this thread
Why it matters 👊 The more money a startup raises, the more the value of your stock options get diluted by the new money 📉 Liquidity events are no longer happening before the average employee’s tenure, so you’re not likely to be rewarded for your hard work any time soon 😟
1
Show this thread
The rationale 💭 Startups are raising “growth” capital from investors rather than going public and relying on raising money from the market 💰 The idea is that, by remaining private, all the growth that Wall Street benefitted from, goes instead to the private investors 📈
1
Show this thread
Times have changed 👀 “Liquidity events” (i.e. when a company goes public or gets sold) are taking almost twice as long to happen ⌚️ In the 20th century, companies would IPO in 6–8 years. Nowadays, companies take 10–12 years to IPO 💸
1
Show this thread
Checkout the first episode of my new podcast! 🙌🏻
Quote Tweet
On our first episode, we talk about smartphones: this little portal to a universe of information that our ancestors only dreamed of; all of it tucked into our tiny pockets. Tips on using them wisely to increase–not decrease–our productivity. 📲 anchor.fm/doitformepod/e
Show this thread
1
I've been playing with , and I am very pleased so far 😁 Trying to replace my Notion + Calendar combination for planning my daily tasks, and it does that job very well 🧐 Still using Notion for notes, lists, and long-term roadmaps, though 📝
1
2