11/17 What are the implications (URL would be great) of being an officer
of a company? I'm VP Eng of a new startup, and I'm wondering how/why
I should push to be an officer.
\_ I don't know if you have vc funding yet, but _unless_ you are really
really really hip and profitable, VCs replace all the "O"s in a
startup after they give you money and move in their own O's.
Be warned. - paolo
\_ You get a big golden handshake when you go under because they're
making clueless people VP's. What's the company name? I want to
know where not to send my resume.
\_ I think officers usually have seats on the board of directors
\_ No, not really.
\_ What does "officer" mean at your company? Someone who is an
officer at a bank, say, is not usually on the BoD. It's just
a title that involves more stock options and signing authority.
\_ Nick Kral, Gamers is a luz3r company. It doesn't matter what your
title there is. Accept the fact and MOVE ON. You'll glad you did.
You'd hope someone who claims to be a VP wouldn't post on
the MOTD about this stuff. I guess startups are getting
desperate.
\_ My stock, as a founder, is already defined... Also, I'm not
going to be on the board. The debate is whether or not I should
be an officer. Why would I care? All the CEO said is that
officers have "signing authority" but what does that mean?
\_ Looks like your motivation is based on money. If the board of
director likes you, he'll ask you to be on board. Otherwise,
forget it. Very few honest men stand a chance of climbing to
BoD. If you want to make it there, you need to learn how to be
scumbag like the BoDs. |
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