freddyc
Joined 10 years ago
Joined 10 years ago
While a lot of progress has been made in reducing the gender wage gap in tech, we still have a long way to go.
I'd argue it's the opposite. Early employees often have an outsized impact on the trajectory of a company and get it to a point where additional hiring is possible. Future generations of workers tend to iterate on the existing (unless there's a significant pivot) and come on board in a more de-risked situation often with salaries much closer to market.
Most start-ups also present equity as a form of compensation for work performed (trading cash for illiquid options). To take away that earned and vested compensation component because an employee doesn't have the money to exercise within the 90 day is not only arbitrarily absurd but also grossly unfair in my opinion.
I think that's what differentiates your run-of-the-mill asshole from a sociopath.
While the author doesn't do a great job at eliciting sympathy (if that was even his goal?), I can imagine the weeks/months/years after an exit can be tough on someone who has invested so much of their personal worth in a single entity. I think certain personality traits thrive in the start-up founder world, but the things that make those people succeed also leave them susceptible to massive emotional lows once the story is over and the dream is realized.
1. You want me to indemnify you? Hahahahahaha. No.
2. You want to indemnify me? Sure, sounds good.
I've been a long-term WSJ subscriber and recently switched to the digital-only subscription due to the quality of their tablet app, but it remains a guilty pleasure of mine to buy up a selection of hard copy newspapers on a rainy weekend and lock myself away for hours.
Please don't do this if you can avoid it. I used to do the same (not with Blue Apron admittedly, but food in general) until I volunteered at our local food shelter one day and saw how they survived on donations some of which were surprisingly small. Often those small donations would be turned into snacks that people could take with them for sustenance throughout the night. They would never turn down healthy, nutritious food that wasn't spoiled. I realize it can be a PITA and there may not be a shelter near you, but if it's possible please consider it as an alternative to throwing good food away especially something that stores pretty well.