Replying to @sama
@sama: Employee Equity: blog.samaltman.com/employee-…” Some good ideas here, especially new class of stock and allowing exercise for up to 10yrs.
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Replying to @sama
@sama Great article To the point & comprehensive discussion much refreshing to see this Lengthy discussion in this era of Twitter ONE Liners
Replying to @sama
Employee Equity (and related concerns) by @sama: blog.samaltman.com/employee-… "Employees usually don’t have enough info about the stock/options"
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Replying to @sama
@sama it takes a team to build a co; it also takes a long time to build a co. More equity but longer 8-yr vesting schedules is my opinion
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Replying to @sama
@sama One small tweak. "Fewer people" rather than "less," no? First point in "proposed solutions"
Replying to @sama
@sama @spyced I've seen companies give options while refusing to state num shares outstanding, valuation, classes of shares, liq. prefs, etc
Replying to @sama
some great points in here wrt employee equity: @sama: blog.samaltman.com/employee-…
Replying to @sama
Be generous, your ideas aren't worth shit until your team kills themselves for you. RT @sama: Employee Equity: blog.samaltman.com/employee-…