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+. |