[LRUG] Equity/Stock/Share Options: Survey

Sam Phillips sam at samsworldofno.com
Mon Aug 4 03:59:10 PDT 2014


Hi Louis,

Thanks for that - as I mentioned, the motivations aren't my core focus at
this point so I'm keen not to start that debate :)

Others - survey is still open. I've had about 50 responses so far which is
good and means some meaningful conclusions may be possible... so now, more
data will be more helpful :)

https://www.surveymonkey.com/s/MFFGZSH

Cheers,

Sam


On 4 August 2014 11:45, Louis Goff-Beardsley <louis at infinitiumglobal.com>
wrote:

>  Hi Sam,
>
>
>
> My experience with companies offering equity etc in companies as part of a
> package are as follows:
>
>
>
> ·         Regularly get companies asking me I can market mid & senior
> developer positions with a below market rate salaries but with significant
> equity. Usually its companies at a fairly early stage that are interested
> in this sort of proposition. Rarely do these roles get filled with this
> sort of package. Reasons for this are:
>
> o   The £10k-30k that developers would lose essentially would result in a
> significant drop in immediate lifestyle.
>
> o   The chance of a payoff with the equity being worth something is
> pretty risky, with more tech start-ups failing than succeeding.
>
> o   Most Upper-mid and above developers will usually have picked-up
> various bits of equity from all over the place throughout their career,
> often can be jaded about its value. Only a few times I’ve met developers
> who took equity and it paid off.
>
> §  That being said I’ve met a few developers where its paid off and
> they’ve used that money to bankroll their own projects.
>
> ·         When a company is offering market Salary rates + equity as part
> of total package it’s a lot more easy to market them. Often it can be the
> deciding factor when candidates are choosing between roles.
>
> o   Obviously people are more included to stay with the company longer
> due to the Vesting/Cliff structure.
>
> o   Good way of getting employees to care about and feel invested in the
> success of the business.
>
>
>
> To summarise:  Most people wouldn’t like to spend a significant portion of
> my wages on scratch cards, but would be attracted to them if given on top
> of a regular salary.
>
>
>
> Best, Louis.
>
>  -
> * Louis Goff-Beardsley*
>
> *Ultra-specialised Independent Ruby Recruìtment*
> https://www.linkedin.com/in/louisbeardsley
>
> *"I just can’t stop thinking about Ruby on Rails"*
>
> *Mobile:* 07449 324 851 *BBS:* 0118 327 1821
>
> *Skype/Googletalk*: LouisGB1/LouisRoR at gmail.com
>
> @LouisRoR <https://twitter.com/LouisRoR>
>
> irc.freenode.org - LouisRoR - #Ruby #LRUG #NWRUG #Pokemonchat
>
>
>
> *From:* Chat [mailto:chat-bounces at lists.lrug.org] *On Behalf Of *Sam
> Phillips
> *Sent:* 02 August 2014 12:01
> *To:* London Ruby Users Group
> *Subject:* [LRUG] Equity/Stock/Share Options: Survey
>
>
>
> Hi LRUG,
>
>
>
> I've had a few anecdotal conversations about equity (option) schemes over
> the past few years and the way that they work in practice with real people
> in real companies where relationships are sometimes complex.
>
>
>
> I'm not so much thinking about whether or not these schemes are a good
> idea or worth sacrificing salary for.
>
>
>
> I'm hoping to come up with a more definitive view on what's going on so
> have put together a simple survey. If you are part of a company option
> scheme, or have been in the past, and could spend 2 minutes (it's 10 quick
> questions) on it, that would awesome.
>
>
>
> https://www.surveymonkey.com/s/MFFGZSH
>
>
>
> My motivation is to see if there are are trends in the way things are
> happening and to allow us to share our experiences. My (broad) hypothesis
> is that implementation of these schemes in practice is inconsistent across
> companies. My detailed hypothesis I'll reveal when I have some data :)
>
>
>
> I'll be sharing anonymised raw data (providing I actually get some, and
> participants agree), and will hopefully be able to break this down with
> some basic analysis too.
>
>
>
> As a few of you know, I'm not a statistician, so this is not very
> scientific! Any feedback on how to better collect this sort of data is
> happily received although I'll probably not want to change the questions
> half way through the sample period (again, you can tell me different if I'm
> wrong!).
>
>
>
> My aim right now is simply to get more data, learn more about what's going
> on, and to maybe start an open conversation on the topic.
>
>
>
> If you could take two minutes, that would be ace. Thank you so much!
>
>
>
> Sam
>
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