Carta on humanizing departure from employment:https://carta.com/blog/next-chapter-program-at-carta/ …
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Stock options aren’t meaningful equity (those that need it most can’t afford to pay for them, not the tax implications of exercising them); and (I think it was you) that mentioned equity is like holding a lottery ticket. Why take a lottery ticket over cash?
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In a startup that’s in early days yes. Then there are the series C - public in which it’s no longer such a risky option
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All this change and renegotiation seems to be happening due to an exceptionally powerful labor class: Software engineers
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Disagree. I think it was the worst part.
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