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Are you really suggesting that it's rare for employees to get hosed on options because they don't understand the terms in their contract? Because that's about the closest parallel I can think of. Net points sound like the showbiz equivalent of liquidation preferences. "Oh, no, you don't actually get a percentage of the $50 million sale because there are these investors that have a different kind of stock that says that they get at least a 5x return before you get anything..."


Tech contracts are pretty transparent by comparison.

Aside from value of options (which most people consider to be $0-$20k for the average $100-150k/yr job), all the other benefits of working in tech are straightforward and employee-favorable.

In an early stage startup, you're not likely to see worse than 2x participating, and 1x non is the standard for Series A financings now.




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