Berkeley CSUA MOTD:Entry 16940
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2024/11/23 [General] UID:1000 Activity:popular
11/23   

1999/11/22-24 [Computer/SW/OS/Windows, Academia/Berkeley/HKN] UID:16940 Activity:high
11/22   Hello how does 26K shares + 60K salary sound for
        HKN grad with 3+ years prog. (esp. on the web)?
        I am paranoid a coworker@ my startup, MCSE + degree from
        the 'fraud may actually be getting a better deal than me.
        How do I find out???
        \_ Lesson number 1, HKN means nothing.
           \_ Oh, I don't know about that.  It means that a person cares
              more about meaningless stats than about ability and clue.
        \_ 26k shares?  You planning on staying that long?  60k?  Is your
           3+ years work time or school time?  No one cares about school time.
           60k is nothing special.  Wouldn't be surprised if the MCSE was
           getting a better deal.  Is this their initial offer or is this
           what you got after negotiations?  Might consider asking for more
           cash and fewer shares and then bailing after 6-9 months to a better
           place.
        \_ No, here's the real lesson one. NUMBER OF SHARES IS MEANINGLESS
           except when coupled with the number of outstanding shares. If you
           are comparing equity offers, use percentage-of-company. Your use
           of shares shows you don't understand how to value them. --aaron
                \_ AARON likes Asian Chic.
                  \_ and Asian Chics like AARON.
                \_ I like asian chic
          \_ I would personally adjust # of shares vs the likelihood of going
            public, and what you think the eventual market cap would be --oj
                \_ I'd take zero shares and higher pay and leave in 6 months.
             \_ I agree here. % equity doesn't mean squat unless you know
                or can guess the estimated potential value of the company.
                Is the market $100 million or $1 billion? That said, % equity
                is still a lot more useful than # shares.
             \_ Yup.  My company went public couple months ago and we did
                a reverse-split of 2 for 3.  Other instances I know have done
                reverse of 1 for 6. Once again, provides proof that number of
                shares means NADA!
        \_ Taos will give 60k to a dropout with a 1.0 GPA.  Obviously you are
                getting the full value of your HKN membership now.
        \_ 60k???  I'm like a GPA loser, and after 1.5 years am making
           80k+.  Goes to show ya' GPA don't mean squat in the 'real world'.
           Numbnuts.  Most of these guys are right though -- just plunking
           down the number of shares isn't nearly enough info....
           \_ And how many hours per week do you work?
              \_ avg 50hrs/week
              \_ At work for 30/week.  Working for 1 to 2 per week.  80k+.
2024/11/23 [General] UID:1000 Activity:popular
11/23   

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