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Does this mean new engineers who join facebook will get stock options with a strike price reflecting the $15B valuation? Won't that make it harder to recruit people?

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Yes. Which is why this deal might end up being much worse for the facebookers than they might think it is right now.

They've basically created a 2-tier employee system.

If they can legally do it, I'm sure they'll re-issue options to avoid that very problem. Not sure what the restrictions are for private companies.

On second thought, it might not be that simple... :)

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