jdmaturen

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

naftaliharris

#!/bin/bash

# An enhancement to the "python" executable that automatically launches you into the python debugger on error.
# 
# Use it like you would the "python" executable, for example:
# $ trypy somefile.py
# or
# $ trypy somefile.py arg1 arg2
#
# EXAMPLE: 

sordina

{-# LANGUAGE OverloadedStrings #-}
{-# LANGUAGE QuasiQuotes #-}

module EkgJsonParser where

import Data.Aeson
import Data.Aeson.Types
import Control.Monad
import Data.ByteString.Lazy

alexanderkjeldaas

# unregister broken GHC packages. Run this a few times to resolve
# dependency rot in installed packages.  ghc-pkg-clean -f
# cabal/dev/packages*.conf also works.
function ghc-pkg-clean() {
    for p in `ghc-pkg check $* 2>&1  | grep problems | awk '{print $6}' | sed -e 's/:$//'`
    do
        echo unregistering $p; ghc-pkg $* unregister $p
    done
}
 

rampion

module Main where
import Criterion.Main
import qualified Data.List.Ordered as O
import qualified Data.List as L
import qualified Data.Set as S
import qualified Data.IntSet as IS

repeatsTail, orderedIntersect, listIntersect, setIntersect :: [Integer] -> [Integer] -> [Integer] -> [Integer]
intsetIntersect :: [Int] -> [Int] -> [Int] -> [Int]

npezolano

#make R with GCC
./configure CC="gcc-mp-4.7 -arch x86_64" CXX="gcc-mp-4.7 -arch x86_64" F77="gfortran-mp-4.7 -arch x86_64" FC="gfortran-mp-4.7 -arch x86_64" OBJC="gcc-mp-4.7 -arch x86_64" --x-includes=/usr/X11/include/ --x-libraries=/usr/X11/lib/ --with-blas='-framework Accelerate' --with-lapack --without-aqua CPPFLAGS="-D__ACCELERATE__" --prefix=/Users/admin1/lib/R --enable-BLAS-shlib


#make R with Clang
./configure CC="clang -arch x86_64" CXX="clang -arch x86_64" F77="gfortran -arch x86_64" FC="gfortran -arch x86_64" OBJC="clang -arch x86_64" --x-includes=/usr/X11/include/ --x-libraries=/usr/X11/lib/ --with-blas='-framework Accelerate' --with-lapack --without-aqua CPPFLAGS="-D__ACCELERATE__" --prefix=/Users/admin1/libclang34 --enable-BLAS-shlib

gregorycollins

-- | Internal implementation of the @io-streams@ library, intended for library
-- writers
--
-- Library users should use the interface provided by "System.IO.Streams"

{-# LANGUAGE BangPatterns               #-}
{-# LANGUAGE DeriveDataTypeable         #-}
{-# LANGUAGE FlexibleInstances          #-}
{-# LANGUAGE GeneralizedNewtypeDeriving #-}
{-# LANGUAGE OverloadedStrings          #-}

sftrabbit

#include <iostream>
#include <sstream>
#include <string>
#include <random>

namespace sftrabbit {

  template <typename RealType = double>
  class beta_distribution
  {

stephenjbarr

## -*- mode: make; tab-width: 8; -*-
##
## Simple Makefile
##
## From RInside examples 
## TODO: 
##  proper configure for non-Debian file locations,   [ Done ]
##  allow RHOME to be set for non-default R etc

## comment this out if you need a different version of R, 

stephenjbarr

// -*- mode: C++; c-indent-level: 4; c-basic-offset: 4;  tab-width: 8; -*-
//
// Simple example showing how expose a C++ function
//
// Copyright (C) 2010 Dirk Eddelbuettel and Romain Francois

#include <RInside.h>                    // for the embedded R via RInside

// a c++ function we wish to expose to R
const char* hello( std::string who ){