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danluu's profile
Dan Luu
Dan Luu
Dan Luu
@danluu

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Dan Luu

@danluu

https://patreon.com/danluu 

danluu.com
Joined December 2008

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    1. Dan Luu‏ @danluu 7 Jun 2017
      • Report Tweet

      Why don't startups pay people in pure cash instead of illiquid options+cash? http://danluu.com/startup-options/ …

      22 replies 94 retweets 182 likes
      Show this thread
    2. Heath Borders‏ @heathborders 24 Jun 2017
      • Report Tweet
      Replying to @danluu

      Here's a rebuttal article, but I think his assumptions (opportunity costs, etc) are wrong. https://www.benkuhn.net/optopt 

      1 reply 0 retweets 0 likes
    3. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @heathborders

      I think it's interesting, but the opportunity cost example is for a below market Google new grad offer where the new grad never gets a raise

      1 reply 0 retweets 0 likes
    4. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      I would be interested in seeing realistic numbers for the Google career path for comparison (possible, using Google comp spreadsheet).

      1 reply 0 retweets 0 likes
    5. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      I think the startup numbers are also not supposed to be realistic, but I'd like to see the realistic case!

      1 reply 0 retweets 0 likes
    6. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      The other thing is that the preface assumes that people don't know that you can quit, but I commonly hear people say they'll join N startups

      1 reply 0 retweets 0 likes
    7. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      in the hope that one of them takes off so I don't think the idea that one can quit is missing from the discussion.

      1 reply 0 retweets 0 likes
    8. Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      IMO, the things that are most opaque about options are the rates of events that screw over employees. VCs have enough data to know this, but

      1 reply 1 retweet 1 like
      Dan Luu‏ @danluu 24 Jun 2017
      • Report Tweet
      Replying to @danluu @heathborders

      I don't think that anyone else does. That's the thing I'd really like to see an analysis of!

      5:54 PM - 24 Jun 2017
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Heath Borders‏ @heathborders 24 Jun 2017
          • Report Tweet
          Replying to @danluu

          Their models say the opportunity cost needing to be -100k to take a bigco job

          1 reply 0 retweets 0 likes
        3. Heath Borders‏ @heathborders 24 Jun 2017
          • Report Tweet
          Replying to @heathborders @danluu

          I see a gap of at least that much, and I'm paying the remote worker tax. I've also heard of larger gaps from other sources.

          1 reply 0 retweets 0 likes
        4. 14 more replies

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