Berkeley CSUA MOTD:Entry 19812
Berkeley CSUA MOTD
2022/08/07 [General] UID:1000 Activity:popular

2000/11/17-19 [Industry/Startup] UID:19812 Activity:low
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
           \_ 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.
2022/08/07 [General] UID:1000 Activity:popular

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