Hacker News Reader

I really doubt any startup would let you see the cap table as a prospective employee, ahead of being hired full time.

It's better to ask what percentage of the company your X amount of shares would be. Company A could offer 1,000 shares and Company B could offer 10,000 shares but you have no idea what amount of ownership that actually is for either of them.

View on HN

I've always assumed an investor would want to see the cap table prior to investing (is this true?), but thought it odd that such is hidden from prospective employees. Both are investing, just in different ways.

Yes, investors ask for cap tables. Always, in my experience.

Our waterfall / payout / fully diluted ownership / strike price / last round price is part of our offer package. I can't imagine joining a company without that information.

That's awesome, and pretty cool that you all eat your own dogfood. Think it sends a nice statement considering your product and hope more companies offer that to employees in the future. I'm a customer and big fan.

https://blog.esharesinc.com/a-better-offer-letter/ - and it's public. It's a _fantastic_ recruiting tool.

Reply on news.ycombinator.com