I've lost money on stock options and I've heard stories from many other people who have too.http://recode.net/2016/01/19/gilt-groupe-is-a-cautionary-tale-for-startup-employees-banking-on-stock-options/ …
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Replying to @sarahmei
Like the people in this article I've always been embarrassed about it. But we should talk openly about the true value of employee equity.
4 replies 2 retweets 12 likes -
Replying to @sarahmei
It felt cool & grown-up to own shares in a company. There was a lot of dense paperwork. Maybe it's worth doing once, when you can afford to.
1 reply 1 retweet 5 likes -
Replying to @sarahmei
Betting on your startup equity to buy you a house is like betting on a powerball win. You have about as much control over the outcome.
3 replies 14 retweets 30 likes -
Replying to @sarahmei
Not saying don't work at startups. I
small companies & suffocate at big ones. Just know that financially, equity is risk - NOT an asset.2 replies 6 retweets 9 likes
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