"To be clear, the term requiring startups to pay for investor counsel fees is unjust. This is because startups are forced to pay the legal fees of the counsel negotiating against them. "
I wonder if YC would start pushing investors to stop this practice
I wrote this post over the weekend that caught on in /r/cscareerquestions (192k views so far) & on Github (539 stars). I'm interested to hear if there are topics members of HN are interested in too. A few of the topics being:
- Reviewing companies & selecting the right opportunity
- Salaries, pay raises, and how packages are structured
- Startups vs big companies
- Stock options vs RSUs - how they work, exercising them, the tax implications.
- Bonuses - what to expect and also the tax implications
- Investing in your retirement (401ks, IRAs, etc)
- Real estate - renting in these high costs of living areas vs buying
- Tech investing - becoming an angel investor & VC investing
- Contract work - how to bill & taxes
"The exercise price of Mr. Khosrowshahi’s options was lowered to $33.65 per share by the company early last year, eight months after they were issued at $41.65. Such repricings have become rare at public companies due to fierce opposition from investor advisory firms and other investor groups. The repricing, which was disclosed in a regulatory filing but hasn’t previously been reported, could cause some investors to view Uber’s board more skeptically, said an investor group."
Worries grow that this news is CLEARLY being shoved down our throats, probably to make people fear Bitcoin. However, this article does have merit and some useful facts.
A voting ring is when you submit something, and then tell a few dozen of your "friends" to vote for your submissions (and you agree to do the same for them). HN has heuristics which detect this sort of behavior, and penalizes the ranking of an article that looks like it's being voted up by a voting ring.
(Disclaimer: I haven't read the HN code, and have no idea how they actually detect such things.)
"To be clear, the term requiring startups to pay for investor counsel fees is unjust. This is because startups are forced to pay the legal fees of the counsel negotiating against them. "
I wonder if YC would start pushing investors to stop this practice