We spend a lot of time praising tech investors and entrepreneurs for their risk appetite. But why don’t we put startup workers on the same pedestal?
Who’s taking on more risk: A Stanford grad who leveraged their network to raise a seed round or an immigrant worker who relocates to an expensive city for a startup job?
In its latest yearly report, Secfi, which helps workers manage equity, found that 24% of the companies on its platform reduced their valuations last year.
“For people working at those startups, that means some (in some cases, all) of their employee stock options
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