Stock options, taxes and private company valuations are complicated. Most startup employees are not well equipped to make these decisions.
Investment risk, liquidity on hand, personal situations, ability to leave job, etc. all play a factor in stock options. /11
@fahdananta The value of a 3rd party to manage the psychological side - especially in a lopsided transaction is hard to replace with tech.
Tech can also create more information asymmetry. EG zillow offers.
How much more isn't even accounted for in additional soft costs?
Customers leaving because of outages. Training staff to use ancient systems, waiting on vendors, etc.
@drose_999@lpolovets Most think that tech firms only care about technical capability and not really about social competency.
Your story proofs how wrong this is.
"People problems" slow down organizations much more than technical problems.
A deterministic Turing machine is simple, humans aren't.
Excited & honored to be taking part in the next @beondeck cohort.
@eriktorenberg, @david__booth, @julianweisser, & the rest of the team. The first week of events already looks like absolute 🔥!
Huge thank you to @jimmydouglas for absolutely INSISTING I try and take part.