Private software companies tell employees the latest valuation and how many options they hold, and let them multiply. A grant letter should instead show what the options would be worth after investor preferences at several exit values, including one at which they are worth nothing.
Private software companies tell employees the latest valuation and how many options they hold, and let them multiply. A grant letter should instead show what the options would be worth after investor preferences at several exit values, including one at which they are worth nothing.
AI coding assistants make a strong case for hiring fewer junior engineers this year. I think that case borrows against the senior bench a software company will need in five years, and that the right response is to change what juniors do rather than how many we hire.
Most technology layoffs begin with a percentage and end with a list drawn from performance ratings. I argue that a reduction should start from the work a company will stop doing, and that how people are told matters as much as how they are chosen.