Lest any youngsters take seriously the value of shares a startup is offering you, take a look at how seriously the author takes it:
> With retention structures and contracts, a buyer can make sure the money goes where they want it to go — to a promising junior engineer they want to keep on, for example, instead of the office manager who technically owned 20% of the company’s equity.
"Technically owned." Yeah. Think about that.
It's adorable that the author has that money going to a junior engineer rather than management in his example. Don't be sucked in.
> With retention structures and contracts, a buyer can make sure the money goes where they want it to go — to a promising junior engineer they want to keep on, for example, instead of the office manager who technically owned 20% of the company’s equity.
"Technically owned." Yeah. Think about that.
It's adorable that the author has that money going to a junior engineer rather than management in his example. Don't be sucked in.