Can you share more about the stock option loan program? If it is what it sounds like, that program is unconscionable insanity and whoever is encouraging employees to engage with it is setting employees up for a world of hurt.
Wow. After reading this I clicked on CEO Ryan Breslow's Twitter profile pic which is of him barefoot, wearing a psychedelic hoodie and sitting in a yoga position with his palms upturned. Between this loan idea, the self-reference to the 4 day work week and the yogi pose, it's like something straight out of HBO's "Silicon Valley."
Wow, everything about this thread -- from the kitschy, nearly condescending rara tone, to the exclamations about something never having been done before being a reason to it -- as well as his profile pic just screams to me that this is a company with a totally broken ethos buried in some weird SV startup pathology. It's all just so weird.
> There IS risk to the employee; they now have a real loan outstanding and 100% personal recourse, so if the common stock becomes less than exercise price, their personal assets are on the hook
