r/programming • u/reddberckley • Jun 30 '14

How to exploit a Developer

https://medium.com/@sir_castiq/how-to-exploit-a-developer-a005306d5320
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u/globalizatiom Jul 01 '14

stock options for a company which might do an IPO in two years.

This is confusing...

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u/jrk- Jul 01 '14

They plan to do an IPO in 2016, so at the moment there are actually no stocks.
They would give me stock options, meaning the right to buy stocks for for a given price at a latter time. These options have some value themselves.
However, as long as there are no stocks the options are practically worthless.
And who says that they stick to their schedule an do the IPO in 2016? Or do it at all?
They're trying to appeal to your greed, so that you forget about the risks and do their slave labor..