I made the assumption that the new startup would be in tech, in which case it almost certainly overlaps with his FANG employer.
The typical HN answer is "yes, and start a new company", but I think there's a lot to be said for "yes, and work remotely for the company you're at." It's probably not too difficult to swing, you'll get to enjoy life…
At many companies, including all FANG-like companies, you can't start a business on the side. Your employer may claim ownership and you can be fired for breaking your employment contract.
Parent and long-time ex-googler. I'm baffled that the original YT Kids was not whitelisted, and in fact I uninstalled it from my little one's ipads a long time ago. They were watching a Trolls (Dreamworks) animation,…
Yes, he'd be fired. Perhaps have to testify in front of Congress, even. Accountability is worth $8M a year?
True, one option for everyone who thinks equity distribution is out of whack, is to start their own company. They can then create an imbalance in their own favor, allocating the lion's share for themselves. Then they…
Every employee's stock package is forward looking in that same way, no?
I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as…
I made the assumption that the new startup would be in tech, in which case it almost certainly overlaps with his FANG employer.
The typical HN answer is "yes, and start a new company", but I think there's a lot to be said for "yes, and work remotely for the company you're at." It's probably not too difficult to swing, you'll get to enjoy life…
At many companies, including all FANG-like companies, you can't start a business on the side. Your employer may claim ownership and you can be fired for breaking your employment contract.
Parent and long-time ex-googler. I'm baffled that the original YT Kids was not whitelisted, and in fact I uninstalled it from my little one's ipads a long time ago. They were watching a Trolls (Dreamworks) animation,…
Yes, he'd be fired. Perhaps have to testify in front of Congress, even. Accountability is worth $8M a year?
True, one option for everyone who thinks equity distribution is out of whack, is to start their own company. They can then create an imbalance in their own favor, allocating the lion's share for themselves. Then they…
Every employee's stock package is forward looking in that same way, no?
I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as…