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Tanium is facing employee unrest and an executive exodus

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Re: Tanium is facing employee unrest and an executive exodus

#51

Post by laughingman2 »

balladeer wrote: post #46
pdog wrote: post #2

> One of the most unnerving aspects of life at Tanium is what's known internally as Orion's List . The CEO allegedly kept a close eye on which employees would soon be eligible to take sizable chunks of stock. For those he could stand to do without, Hindawi ordered the workers to be fired before they were able to acquire the shares, according to current and former employees. Employees at startups generally take a belo…

My friend worked for startup, here in India, that was doing work with drones and water level measurements or something like that. It was and still is a pre-VC startup. He had left a huge European MNC where did cutting edge research but was bored and needed the bleeding edge rush and excitement as he put it. He's awesome in his field and then excellent at coding too (not a CSE grad) he was paid really grand in that MN…

This is direct result of capitalism.

Employees who put their heart and soul to build something don't own it in capitalistic model. Only the owner by virtue of being owner of private property/company has right to it.

Treating people as means to an end, which capitalism encourages leads to this model.

I think economy dependent on human creativity will hit a ceiling, if they continue to remove ownership of content from the creators. The creators can be anything from a humble web developer or someone like your friend.

Re: Tanium is facing employee unrest and an executive exodus

#52

Post by igk »

hueving wrote: post #49
late2part wrote: post #37

Earlier quoted context omitted.

Correct. If you tolerate, if you blindly allow, if you accept without action - you implicitly endorse. I remember a time 10 years ago when a flight attendant harassed a person behind me unfairly. I regret not standing up for that person. Don't be a bystander - do the right thing!

Absolutism is counterproductive. There are millions of people who care about the environment but still use cars, electricity, shipping, and air travel to work towards making the world better for everyone. Being an absolutist many times can lead to you only feeling smugly superior while not really making a difference.

Don't do nothing​ leaves you will the whole spectrum of possible action except the worst

Re: Tanium is facing employee unrest and an executive exodus

#53

Post by botverse »

CalChris wrote: post #23
posguy wrote: post #18

Earlier quoted context omitted.

Huh? Sure, the employee could sit through the CEO taking a dump on them in front of their coworkers, but if the employee has other options for employment, I'd say there isn't a usually solid reason to stick around a hostile work environment. The bridge is already burned with the CEO, and your unlikely to burn the bridge any worse with your direct boss/coworkers by quiting immediately versus a few days/a week later. M…

There must be 50 ways to leave your lover. If you've made up your mind, you can just tell them off and walk out. You can take your sweet time and interview while you still have a paycheck and benefits. You can wait until the cliff and leave the next day. You can give two weeks notice. It's your choice just as it's their choice.

Last company I left I did working till the last minute, on my own unpaid time. I've been treated so well and we shared such a strong spirit of unity in the good and bad times that I can't regret it. No body was ever bullied. Main difference with other tech companies I worked for before:

CEO is a woman.

Re: Tanium is facing employee unrest and an executive exodus

#54

Post by jacquesm »

mavelikara wrote: post #47
jacquesm wrote: post #10

Earlier quoted context omitted.

No, I just think GGP is mis-interpreting the situation because of the article's unfortunate wording. Once the stock is vested it stays vested. Whether it is 'worth something' or not doesn't matter, if you've got it it stays unless you sell it. I suspect 'worth something' translates into 'something for which there is an easy market', merely whether or not you can easily sell it. Whether this particular stock will go u…

This is true in most cases, but watch out for clawback provisions, as was in the case of Skype: http://www.businessinsider.com/how-employees-get-totally-scr...

Yes, that was particularly dirty pool. Made me lose a lot of respect for the execs in that story.

Re: Tanium is facing employee unrest and an executive exodus

#55

Post by sjg007 »

55555 wrote: post #34
mvpu wrote: post #17

I'm getting sick of reports like this. Setting up unfair vesting schedules and firing people before their stock vests... somebody should vigorously investigate it and put the CEO in jail. Startups are fucking hard work and a CEO stealing glory is a crime not a culture issue. These guys need fear of God.

If it's not fraud it's pretty damn close. Certainly sounds illegal, and definitely should be if it isn't.

These former employees should just get a good employment lawyer.

Re: Tanium is facing employee unrest and an executive exodus

#56

Post by jacquesm »

balladeer wrote: post #46
pdog wrote: post #2

> One of the most unnerving aspects of life at Tanium is what's known internally as Orion's List . The CEO allegedly kept a close eye on which employees would soon be eligible to take sizable chunks of stock. For those he could stand to do without, Hindawi ordered the workers to be fired before they were able to acquire the shares, according to current and former employees. Employees at startups generally take a belo…

My friend worked for startup, here in India, that was doing work with drones and water level measurements or something like that. It was and still is a pre-VC startup. He had left a huge European MNC where did cutting edge research but was bored and needed the bleeding edge rush and excitement as he put it. He's awesome in his field and then excellent at coding too (not a CSE grad) he was paid really grand in that MN…

I've had something similar to this happen early in my career, it took two years out of my life and cost me what I thought was a good personal relationship but which turned out to be just predatory in retrospect.

Those are expensive lessons, your view of humanity will likely never be quite the same afterwards. The fact that the guy crashed and burned gives me no comfort at all.

Even so, I do realize I had a part in that, if I had been a little bit smarter I could have educated myself on this stuff before accepting. And that's where the world today is different than in the past: we now have world-wide networks of people in tech that can warn each other. So every story like the one you told here should help to keep other technical people safe from predatory behavior.

I wrote about my experience here:

https://jacquesmattheij.com/the-start-up-from-hell

Apologies for the pictures not working, I still need to fix that after the latest domain shuffle.

Re: Tanium is facing employee unrest and an executive exodus

#57

Post by jacquesm »

LoSboccacc wrote: post #40
posguy wrote: post #25

Earlier quoted context omitted.

Yeah, a fair vesting schedule should evenly vest as you work, ideally as often as possible (eg: every month or week). Its akin to compounding, as a savings account holder you want the interest on your account to compound as often as possible.

to keep it to the point it should come month by month along with the standard compensation, since you take a pay cut in exchange for stock it's only fair to have it delivered month by month, at most with a clause that after x year the stock trickle stops and you get an equivalent increase in your pay sadly there's plenty sucker willing to gift their work away so any hint of people having a clue about the risks in cli…

That will only happen if techies/employees all over a region band together and don't let themselves be pushed into some kind of prisoners dilemma.

Re: Tanium is facing employee unrest and an executive exodus

#58

Post by user5994461 »

jacquesm wrote: post #57
LoSboccacc wrote: post #40

Earlier quoted context omitted.

to keep it to the point it should come month by month along with the standard compensation, since you take a pay cut in exchange for stock it's only fair to have it delivered month by month, at most with a clause that after x year the stock trickle stops and you get an equivalent increase in your pay sadly there's plenty sucker willing to gift their work away so any hint of people having a clue about the risks in cli…

That will only happen if techies/employees all over a region band together and don't let themselves be pushed into some kind of prisoners dilemma.

It's already happening. Anyone who's worked at a startup before and has been burnt is unlikely to accept the vesting and the work conditions. That's in part why it's to hard for companies to recruit experienced tech workers.

At the same time, there is an endless stream of young people willing to break into the industry at any costs.

The age and experience of people in a place tells you a lot about what the company really value.

Re: Tanium is facing employee unrest and an executive exodus

#59

Post by hownottowrite »

anon42387 wrote: post #29

Where is the evidence? Where are the quotes by previous employees making this claim? These employees were fired because they were failing to do their job. If you are running a company will sit aside and do nothing and continue to let anyone stay in the company that proved to miss their target repetitively? These claims are 100% false. This story is not only poorly written but it is full of false information crafted o…

I'm sorry you feel that way, Orion.
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