So Google, Meta, and Microsoft will just hollow out the best AI startups of their talent instead of buying them - out of fear of monopoly lawsuits I'm assuming?
Nice plan I guess. Kind of obvious to spot though.
Nice plan I guess. Kind of obvious to spot though.
They’re just not enforceable against “rank and file” employees.
You think the only people in a company that matter are a few founders? It’s ok to screw over everyone else?
Maybe there’s more to the story.
Gentle reminder that more startups die by suicide than homicide, and that an early-stage startup is a total crapshoot.
This really is a whole new level of getting screwed.
Because for most people, they will end up being worth exactly zero in value. Less if they went and exercised those options prior to a liquidity event that may never happen.
Founders get a big pay day and leave within a couple years while 100 employees share a 1% of the company between themselves.
You sweet summer child.
Were you under the impression that venture capital is anything more than rent-seeking?
Any time I hear someone talk about more or less regulation, instead of talking about better or worse regulation, I suspect they are ideologists and trying to shift the narrative, or else they would be able to criticise based on actual merit.