How come news media never talk about profits when it comes to tech startups? Profits should be the key ingredient for valuation. A huge percentage of Living Social's revenue goes back to the businesses.
Because those numbers would be too disappointing.
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Whats stopping said person from setting up a quick C-Corp or LLC and have the option grants be paid to the company?
I'm finding it really hard to justify TechCrunch's continued practice of publishing purloined documents when there is no public interest at stake.
Its called Digital Douchebaggery -- and expect it to continue so long as TC can regularly position itself in the center of any tech gossip available.