nicholas73

I'll leaving the price for others, but it seems to me the more important number at this stage is the percentage of ownership you'd get if exercised.

I mean a startup's purpose is to go from 1 to 10 or even 100, or go bust. So it's not as material whether the options are 1 or 1.25 strike if it does work out. In fact arguably you'd want more 1.25 options rather than less 1 options.

Of course that's all things equal, and the board may have screwed you on the total number of shares too.

This is evil.

"The chances of hiring folks to build an MVP and getting enough paying users off that to bring them on full time or getting enough traction to raise money are absurdly small."

What about the chances if you build yourself? Any better?

IIRC, Schellenberg requested re-trial to try to take advantage of the politics despite that a re-trial had the possibility of increasing the penalty to death penalty even without political motivation. That is, he gambled and lost.

Assuming you can raise debt, the other reason would be that if you fail to make debt payments then you potentially lose your company. Shit does happen, and it doesn't take a once in a lifetime virus to wreck your plans.

I've done this job. Sure you do learn some sales, but you don't really practice it. Nor does it necessarily expose you to market needs that aren't going to be covered by your bigco.

In the end you have to play to your strengths and do what you enjoy. If you think you would like a sales role and a sales driven company, then go for it. If not, you are spinning your wheels for a chance to glean something. If it's an avenue you would take anyway, then you have more possible positive outcomes.

Yes we should remember that stock markets pale in size compared to bond and currency markets. Money leaving another market can buoy stock markets in a way that is almost mechanical, separate from attempting to value individual stocks.

Ok but how did they know it was her phone?

I don't have perspective, maybe, but what is exactly holding back someone who does well in school to score higher on a test? It's not like you don't get to retake it if it was a fluke.

If it's the test fee, just allow a retake for free like a gas station smog check offer.

Or, a college can bucket grades and test scores separately and just take whichever is higher.

I had middling grades and not much extracurricular padding in high school but 99th percentile SAT (no prep other than a practice test). If it weren't for the SAT I would have had worse college options. School felt like it provided nothing more than read and regurg and my background did not promote anything extra. So personally I do not see how this decision evens the playing field.

I think it's better to understand the culture rather than frame it as West vs East, democracy vs CCP, etc.

China has experienced grinding poverty for over a century, and have its work ethic to thank for pulling it out. 996 is enabled because of that history, rather than being a control plot. Even school kids have that kind of schedule.

Chinese people are very focused on the lower tiers of Maslow's hierarchy, and survival of the family is somewhat on the line if one of your only grandchildren is female and isn't married at 30. That's her life you say? Equally the parents can feel like all their sacrifices were for naught.

It's getting a bit tangential but the pattern in all societies is that women have the choice in mates and men have to be more willing to look abroad. So any racist sentiments would judge women harsher.

Regarding your other points, China has been much better about including minorities in its country than the West. It has furthered environmental controls vs. Trump reversing them, and most of the greening in the last decade occurred in China (and India). It has sensible universal healthcare and supported its citizens during Covid-19, unlike the US which passed legislation that supports big business, letting small ones fail and charging its own citizens for evacuation flights.

Anyway, the point is that once we understand the history we need not paint China as the malevolent entity that is common in media.

Sometimes when I am wearing headphones, I get dissociated with the outside world and forget that my farts make sounds. So I fart without muffling it, and my neighbor thinks I'm just a jerk that toots openly. Then whenever he farts he toots openly too, in a game of one-buttsmanship. As a result, nobody is particularly comfortable working and I have to take walks when otherwise I would have been blissfully ignorant.

Anyone know why Stripe doesn't handle this?

Many employers attempt to verify your salary (maybe even if you didn't give one). Lying would give them a reason to withdraw an offer.