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What I Wish I'd Known About Equity Before Joining A Unicorn
What I Wish I'd Known About Equity Before Joining A Unicorn
Disclaimer: This piece is written anonymously. The names of a few
particular companies are mentioned, but as common examples only.
This is a short write-up on things that I wish I'd known and
considered before joining a private company (aka startup, aka unicorn
in some cases). I'm not trying to make the case that you should
never join a private company, but the power imbalance between
founder and employee is extreme, and that potential candidates would
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This is a guide that I wrote to improve the default security of my website https://fortran.io , which has a certificate from LetsEncrypt. I'm choosing to improve HTTPS security and transparency without consideration for legacy browser support.
WARNING: if you mess up settings, lose your certificates, or decide to no longer maintain HTTPS certs, these steps can and will make your domain inaccessible.
I would recommend these steps only if you have a specific need for information security, privacy, and trust with your users, and/or maintain a separate secure.example.com domain which won't mess up your main site. If you've been thinking about
hosting a site on Tor, then this might be a good option, too.
Who pays when startup employees keep their equity?
Who pays when startup employees keep their equity?
JD Maturen, 2016/07/05, San Francisco, CA
As has been much discussed, stock options as used today are not a practical or reliable way of compensating employees of fast growing startups. With an often high strike price, a large tax burden on execution due to AMT, and a 90 day execution window after leaving the company many share options are left unexecuted.
There have been a variety of proposed modifications to how equity is distributed to address these issues for individual employees. However, there hasn't been much discussion of how these modifications will change overall ownership dynamics of startups. In this post we'll dive into the situation as it stands today where there is very near 100% equity loss when employees leave companies pre-exit and then we'll look at what would happen if there were instead a 0% loss rate.
What we'll see is that employees gain nearly 3-fold, while both founders and investors – particularly early investors – get dilute
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####Introduction:####
Managing state in an application is critical, and is often done haphazardly. Redux provides a state container for JavaScript applications that will help your applications behave consistently.
Redux is an evolution of the ideas presented by Facebook's Flux, avoiding the complexity found in Flux by looking to how applications are built with the Elm language.
####1st principle of Redux:####
Everything that changes in your application including the data and ui options is contained in a single object called the state tree
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