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

codebje

public <T> T streamQuery(String sql, Function<Stream<SqlRowSet>, ? extends T> streamer, Object... args) {
  return jdbcTemplate.query(sql, resultSet -> {
    final SqlRowSet rowSet = new ResultSetWrappingSqlRowSet(resultSet);
    final boolean parallel = false;

    // The ResultSet API has a slight impedance mismatch with Iterators, so this conditional
    // simply returns an empty iterator if there are no results
    if (!rowSet.next()) {
      return streamer.apply(StreamSupport.stream(Spliterators.emptySpliterator(), parallel));
    }

jberkus

WITH table_scans as (
    SELECT relid,
        tables.idx_scan + tables.seq_scan as all_scans,
        ( tables.n_tup_ins + tables.n_tup_upd + tables.n_tup_del ) as writes,
                pg_relation_size(relid) as table_size
        FROM pg_stat_user_tables as tables
),
all_writes as (
    SELECT sum(writes) as total_writes
    FROM table_scans

aortmannm

## Install necessary packages
pkgin up
pkgin -y in \
      bash \
      coreutils \
      curl \
      gcc47 \
      gcc47-runtime \
      gmake \
      icu \

SzymonPobiega

If you have two days to learn the very basics of modelling, Domain-Driven Design, CQRS and Event Sourcing, here's what you should do:

In the evenings read the [Domain-Driven Design Quickly Minibook]{http://www.infoq.com/minibooks/domain-driven-design-quickly}. During the day watch following great videos (in this order):

1. Eric Evans' [What I've learned about DDD since the book]{http://www.infoq.com/presentations/ddd-eric-evans}
2. Eric Evans' [Strategic Design - Responsibility Traps]{http://www.infoq.com/presentations/design-strategic-eric-evans}
3. Udi Dahan's [Avoid a Failed SOA: Business & Autonomous Components to the Rescue]{http://www.infoq.com/presentations/SOA-Business-Autonomous-Components}
4. Udi Dahan's [Command-Query Responsibility Segregation]{http://www.infoq.com/presentations/Command-Query-Responsibility-Segregation}
5. Greg Young's [Unshackle Your Domain]{http://www.infoq.com/presentations/greg-young-unshackle-qcon08}
6. Eric Evans' [Acknowledging CAP at the Root -- in the Domain Model]{ht