This feels to me like something you engineers might not understand so I guess I have to shout it from the rooftop.
-
-
-
First example: vesting. The thing represented to the employee as "ownership" is actually "ownership contingent on you being here in 4 years"
- 9 more replies
New conversation -
-
-
@MrkMcknz "First world problems are still problems."Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@masonic_tweets@patio11 Solution would be not to value your options too highly as an employee - they're very restricted.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@masonic_tweets@patio11 Assume any equity or derivatives are worthless, accept that you are being deceived by your employer.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@patio11 don't most employees get an option to buy a percentage, but often just sell the option itself? Then they never own anything.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@patio11 employees (in EU) initially don't pay income tax over the economic value of the option; but that's also why they don't know it. -
@patio11 hard to determine the value of non-vested options, since you can't trade them: (1 - [odds of quit or fired]) * vested value
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.