Emergence of growth capital, delayed IPOs, and founders taking Restricted Stock Awards has upended the social contract of giving startup employees stock options (Steve Blank)
Emergence of growth capital, delayed IPOs, and founders taking Restricted Stock Awards has upended the social contract of giving startup employees stock options — A version of this article first appeared in the Harvard Business Review — VC's have just changed the ~50-year old social contract with startup employees.
from Techmeme http://bit.ly/2KyQeWm
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