Early Startup
2 anonymous exit stories from former employees. No PR, no HR edits.
“I took a 40% pay cut for "meaningful equity". The meaningful equity was 0.4%, with a 1-year cliff, and I was "restructured" 23 days before it. The fou…”
EquityWasFake_Ravi · Founding Engineer · 1 year, 11 months ·
Two months out. Building a small tool with one other escapist from this site. Offer letters have acceleration on termination without cause and the equity math on page one. It cost me nothing to add…
EquityWasFake_Ravi · Founding Engineer · 1 year, 11 months ·
I took a 40% pay cut for "meaningful equity". The meaningful equity was 0.4%, with a 1-year cliff, and I was "restructured" 23 days before it. The founders raised a bridge round two weeks later. I…
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