Startup Employees Are Getting Screwed By VCs And CEOs, Says Industry Veteran

[lxm]

http://www.businessinsider.com/this-22-year-veteran-of-startups-says-employees-are-getting-screwed-by-vcs-and-ceos-2014-3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2Falleyinsider%2Fsilicon_alley_insider+%28Silicon+Alley+Insider%29

[bobfirestone]

"95%+ of non-founding employees don't know s---- about equity,"

Pretty much sums up the entire situation in 1 sentence.

I am curious about what securities laws are being violated for failing to disclose material information.

[sjg007 → bobfirestone]

That is an interesting way to go about it... Could legitimize the situation.

[melindajb]

I hope all startup employees or potential employees read this. Shame on people who take advantage of young people's ignorance. I was lucky to have been educated well by my colleagues and leaders early in my career. This completely undermines the spirit of silicon valley and will lead to our own destruction if we're not careful.