this post was submitted on 09 Aug 2025
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LinkedinLunatics

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A place to post ridiculous posts from linkedIn.com

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[–] SubArcticTundra@lemmy.ml 91 points 4 days ago (2 children)

I'd only be willing to put in long hours for little pay at a startup if they agreed to give me shares in the company when I left.

[–] tacosanonymous@mander.xyz 45 points 4 days ago (1 children)

Yeah they talk about equity but were they offering it to this position?

Also, fuck that dude regardless.

[–] ChickenLadyLovesLife@lemmy.world 12 points 4 days ago (1 children)

I worked at a startup for a couple of years in the '90s. The equity was "we'll take care of you". Spoiler: they did not take care of me.

[–] Empricorn 2 points 4 days ago (1 children)

That's literally not equity (which I think is your point).

That was literally my point.

[–] Tja@programming.dev 5 points 4 days ago (1 children)

That is always the case, you get a very generous part of the equity, which at that time is worth nothing, with the hope that in a number of years you can cash out and move from a dingy basement to a tropical island.

If they don't offer a this very generous equity, run away immediately.

[–] ThirdConsul@lemmy.ml 6 points 4 days ago (1 children)

And then they either water down the equity you have or get aquihired or some other bullshit.

[–] Tja@programming.dev 1 points 4 days ago

Aquihired means immediate vesting of all your equity and you can cash out in the short term (usually no later than 1 year, often immediately) sometimes with the condition that you stay employed for a certain amount of time if you are high enough.