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aetherson
on May 1, 2016
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Handcuffed to Uber
It's different with Uber in hindsight, but in general, employees at start-ups are already overinvested in the success of the start-up, and that success is unlikely. I don't recommend that most people also sink their cash into their employer.
zwily
on May 1, 2016
[–]
Usually you do an early exercise when the company is very young, with a low strike price. In those cases, the cash outlay can be very small.
For a later stage company, then math works differently, of course.
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