1,117 karma · joined May 24, 2019
Former investment banker, and small company CFO.
Yeah guys that’s why you’re not paying 100% cash and getting years of liquidity being withheld to your advantage. Tell you what - pay all cash and I can invest it in the stock market myself in the meantime.
Plus they don’t all work out.
It’s in the employers best interest a lot of the time, not the employees.
Plus as a hiring manager, and this is minor, I’d feel kinda embarrassed if out of sheer statistical luck multiple candidates turned down written offers, which would indicate maybe something is wrong with us as a hiring entity.
Not sure there’s a playbook here. Another commenter suggested being untruthful and pulling the offer out of them. Given how many times companies screw over employees that might be the game theory rational thing to do here even though it’s not great ethically.
Just my 2 cents.
Edit: if it’s true, go to HR and get that person immediately fired.
Especially as, very likely, a person choosing to work there likely believes in the business to some extent.
The counter argument would be: “the moment these get liquid I’m selling, then quitting to pursue XYZ thing” in which case the potentially lost half decade of time is a big non financial cost.
Verizon and AT&T built multi billion of dollars a year of sales from cookie cutter DSL (simplistically). All these crazy edge cases…are they material? Does it make sense to shoot thousands of satellites in space for ferry boats in Greece? Financially that is.
That being said it’s really cool what a “catch all” solution we’re getting as a humanity for basically free. This feels like Google Maps / Gmail / WhatsApp where all humans get like value for free (especially in the developing world) due to one company creating a massive positive externality due to their business strategy. So cool.