This is silly. You can literal export a high level view and change VC names to “VC #1” and employees to “Individual #1” and still easily relay the info that the employee needs. I don’t buy the privacy or security arguments.
The range in equity grants can still cause problems. The reality is exposing this information only works against you and limits your ability to negotiate with employees if you know it will be exposed to others.
I disagree completely.
That being said I believe company’s and founders should be as transparent as possible but sometimes that can come at a price and so it’s not ideal to be completely forthcoming.
It’s not about optimizing it’s about cash flow. If you get a 500k mortgage today at the current rate of ~7% your monthly payment is about 3500/mo. That same mortgage financed 2 years ago around ~2% is a monthly payment of 1800. For the SAME house you are paying basically double the amount per month.
This isn’t optimizing a few bucks per month it’s about not being able to afford the same house.
Every homeowner knows this and if they’ve ever had the incling to move int rh last year theyve done the math and realize it simply doesn’t make sense. People won’t move right now unless life forces them to.
When the interest rate goes up that fast existing homeowners are less inclined to sell because their monthly payments will go way up buying a comparable house elsewhere. So you end up reducing supply when it happens so fast and so much.
Most people don’t even know what sideloading is, but more importantly it would kill the value of tik tok because the population would be gone and therefor the audience and the money.
If you are talented you will have no problem keeping or landing a new job. The people that have trouble maintaining employment are the ones that are not very good. Tech is about as close to a meritocracy as there is in the US.
There is of course a lot of nepotism and politics but generally if you have talent you will be employed. There is simply too much demand for talented tech people.
The large layoffs are not good but they are course correcting and these companies are still actively hiring despite the billboard layoff announcements.
Well the opposite view isn’t really based on science , only in faulty risk mitigation. So is it riskier to let your kid go without knowing for a long time or is it better to test in a limited controlled window where you can react and adapt if something goes wrong.
Neither is based on Science when the science is shit. P-hacking isn't science, and yet it gets published as Science all the time, particularly in nutrition studies.
The idea is you basically just touch their lips with a dab at first, so if there is any sort of reaction it isn’t life threatening. Then you increase a bit, etc.
I don’t think being secretive about the exact details of the cap table is indicative of anything.
They should be able to tell you broadly how many shares there are and how valuable your equity grant is tho.