• 0 Posts
  • 24 Comments
Joined 1 year ago
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Cake day: August 5th, 2023

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  • Let me give you an example. I was given 100k of stock options when I started my company. They vest in three years. We just got notified of layoffs and recently our stock doubled. I’m my opinion we don’t need layoffs. Just let attrition takes its course and we’d right size in under a year.

    As such, people will lose a lot of money by being laid off since they’ll lose all their options. They should vest automatically. It’s almost like they do layoffs to avoid paying th options.




  • Damn that’s a good question. I honestly don’t have an answer. I’m not high enough level to that type of validation. Basically I have enough knowledge to insider trade but not enough to influence a decision such as changes in pricing or when something will launch.

    I have windows in much I can sell and have to schedule my sales in those windows six months in advance.

    It’s really stupid since I’m trading small dollar amount. 20k a year give or take but the company I work for takes it seriously.