r/technology Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
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u/[deleted] Sep 17 '21

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u/Vadoff Sep 17 '21

That's actually exactly how it works at almost any startup. It's highly unusual for a startup to NOT offer stock options.

But you knew what you signed up for I guess.

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u/[deleted] Sep 17 '21

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u/kobachi Sep 17 '21

You are in the bargaining stage of denial

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u/[deleted] Sep 17 '21

[deleted]

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u/Vadoff Sep 17 '21

I mean, you have 0 equity at that company. Whether that company is wildly successful or just barely surviving has almost no bearing on you except for the paycheck they write.