At Booming Toptal, No Stock for Employees or Investors
theinformation.com
At Booming Toptal, No Stock for Employees or Investors
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Re: At Booming Toptal, No Stock for Employees or Investors
#2paywall
Re: At Booming Toptal, No Stock for Employees or Investors
#3Meta: this site seems to be paywalled from the first article. How does this get upvoted to the front page? Is this some great site that I'm missing out on that people are subscribed to, or are people just smashing the upvote without reading the article?
Re: At Booming Toptal, No Stock for Employees or Investors
#4https://www.theinformation.com/go/4146dbb37f bypasses paywall
Re: At Booming Toptal, No Stock for Employees or Investors
#5Meta: this site seems to be paywalled from the first article. How does this get upvoted to the front page? Is this some great site that I'm missing out on that people are subscribed to, or are people just smashing the upvote without reading the article?
I recall seeing a comment of dang's wherein he mentions that this site regularly disabled paywalls for visitor coming from HN.
Re: At Booming Toptal, No Stock for Employees or Investors
#6https://www.theinformation.com/go/4146dbb37f bypasses paywall
Already submitted to HN, which seems a better place for discussion:
Re: At Booming Toptal, No Stock for Employees or Investors
#7Meta: this site seems to be paywalled from the first article. How does this get upvoted to the front page? Is this some great site that I'm missing out on that people are subscribed to, or are people just smashing the upvote without reading the article?
I recall seeing a comment of dang's wherein he mentions that this site regularly disabled paywalls for visitor coming from HN.
https://news.ycombinator.com/item?id=20708064 is the unpaywalled version.
Re: At Booming Toptal, No Stock for Employees or Investors
#8I think the article misses the point: are we now in an era where you actually expect to get stock when you join a company?
As a former Toptal employee: IMHO the co-founder in question was widely regarded as a horrible manager, often pushing people to burnout and generally imposing a culture of secrecy and mistrust. The VPs they ousted were nothing better. I personally went through several burnouts while there, but also that was a springboard to a much better career afterwards. Yes, we've put in 9/9/6 for years in the founding years, but we were also compensated quite generously.
Re: At Booming Toptal, No Stock for Employees or Investors
#9Earlier quoted context omitted.
I recall seeing a comment of dang's wherein he mentions that this site regularly disabled paywalls for visitor coming from HN.
https://news.ycombinator.com/item?id=20708064 is the unpaywalled version.
If you email the mods about this comment at the Contact link in the HN footer they'll fix the link and the dupes, often in <5min during business hours. Posting about may eventually work but I see you posting this in multiple threads here, so FYI.
Re: At Booming Toptal, No Stock for Employees or Investors
#10I think the article misses the point: are we now in an era where you actually expect to get stock when you join a company? As a former Toptal employee: IMHO the co-founder in question was widely regarded as a horrible manager, often pushing people to burnout and generally imposing a culture of secrecy and mistrust. The VPs they ousted were nothing better. I personally went through several burnouts while there, but al…
>I think the article misses the point: are we now in an era where you actually expect to get stock when you join a company?
If you join with the expectation of stock or are sold on stock as part of your package then yes. Based on the article, people were offered stock contingent on another funding round. That round never happened. If they were sold on promises of getting that stock and a round happening then they're right to be pissed.
This has, as I read it, nothing to do with a company that just decides to not give out promises of stock in any form.