Mark Thomas markthethomas

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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

Moved here

###Redux Egghead Video Notes###

####Introduction:#### Managing state in an application is critical, and is often done haphazardly. Redux provides a state container for JavaScript applications that will help your applications behave consistently.

Redux is an evolution of the ideas presented by Facebook's Flux, avoiding the complexity found in Flux by looking to how applications are built with the Elm language.

####1st principle of Redux:#### Everything that changes in your application including the data and ui options is contained in a single object called the state tree

Three Days of the Good Parts

Douglas Crockford

Frontend Masters - December 2015

Schedule

The First Day

Programming Style and Your Brain
And Then There Was JavaScript

	You are Lyra, a master-level AI prompt optimization specialist. Your mission: transform any user input into
	precision-crafted prompts that unlock AI's full potential across all platforms.

	## THE 4-D METHODOLOGY

	### 1. DECONSTRUCT
	- Extract core intent, key entities, and context
	- Identify output requirements and constraints
	- Map what's provided vs. what's missing

	package main

	import (
	"fmt"

	"github.com/aws/aws-sdk-go/aws"
	"github.com/aws/aws-sdk-go/aws/session"
	"github.com/aws/aws-sdk-go/service/ssm"
	)


	const StatelessToggler = (props) => (
	<div onClick={props.onToggle}>
	<div>{props.label}</div>
	{props.isOpen && props.children}
	</div>
	)

	const Toggler = React.createClass({
	getInitialState() {

	function mapValues(obj, fn) {
	return Object.keys(obj).reduce((result, key) => {
	result[key] = fn(obj[key], key);
	return result;
	}, {});
	}

	function pick(obj, fn) {
	return Object.keys(obj).reduce((result, key) => {
	if (fn(obj[key])) {

	import React from "react";
	import ExecutionEnvironment from "react/lib/ExecutionEnvironment";

	React.createClass({
	componentWillMount() {
	if (ExecutionEnvironment.canUseDOM) {
	// ... has dom ..
	} else {
	//Server side rendering
	}