Joining a startup? Here’s what you need to know about employee stock options
Hey! I just joined Jump.ly, a Google Glass-only social network for parachuting enthusiasts. I’m employee No. 4 and got 10,000 stock options. Can I put in my Tesla pre-order now?
Maybe you should ask your HR department a few questions first. Most new hires receive only cursory information about options, how they work, and what they could be worth; there’s no standard for communicating this information. Knowing the...