Employees and Stock Options: not so rosy?
July 19th, 2007 by Benjamin KuoI’ve been hearing a few stories lately from employees of venture backed companies, who–despite having what looked like fairly good exits for their firms–really didn’t see much from their stock options. This comes on top of several widely publicized sales where even the founders walked away with almost nothing. I’ve also recently been hearing from people in the private wealth business, who tell me that nowadays it’s really not worth talking to anyone but the founders of a venture backed business, because in the case of an exit they’re the only ones who seem to be getting a significant payout from a merger or acquisition.
I’d be interested in hearing from anyone with any opinions/experiences in this area…