For those of you asking me if I bought my wework equity—I did not. But, not because I didn’t choose to buy it. Despite joining the company very early on, I was not offered options. Here’s a thread about what happened and my feelings about it now. /1
Out of curiosity (don't answer if you don't want to): but were you paid well as the 17th employee? Was it market rate for NYC for a young person?
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I don’t know what market rate was. I started as a community manager and they gave me $10 an hour. this converted to 28,000 a year after two months to see if they liked me i guess. After three mo, I was promoted to community manager, making 36. i doubt this was “market” though.
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Yeah. Seems low without equity. Would have thought the only way they could get good folks without options is good salary. Hopefully you'll have plenty more success to make this seem like no big deal.
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