October 10th, 2011
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soundoff (3 Responses)
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    January 19, 2012 at 21:33 | Report abuse | Reply
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    April 3, 2012 at 05:22 | Report abuse | Reply
  3. Artem

    Any info that warns folks to think carefully berofe joining a start up is a public service. Never underestimate the greed and hypocrisy that a boy wonder CEO and BoD will reveal when big $ is on the line. Typical techies don't have $ to take start-up employment contract to lawyer berofe signing. There is nothing (law, recourse) to stop CA start-up employers from screwing their early employees six ways til Sunday. One trick I experienced give founding employees what sounds like generous options (numbers just grabbed from air when company is just a concept). Years of slog later, when the company sells for many millions, hold founding employees to those old options contracts (of numbers that are now worth little) BUT take out BLANK piece of paper and write new (fresh, adjusted to true value) ubergenerous options contracts for chronies who have been brought on board right berofe the sale. And make founding employees sign off that they agree with this shafting, lest they endanger the deal (and risk getting literally nothing).

    August 2, 2012 at 00:07 | Report abuse | Reply

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Get a behind-the-scenes look at the latest stories from CNN Chief Medical Correspondent, Dr. Sanjay Gupta, Senior Medical Correspondent Elizabeth Cohen and the CNN Medical Unit producers. They'll share news and views on health and medical trends - info that will help you take better care of yourself and the people you love.