reposted article from Medium - https://medium.com/@thresholdvc/77790e5c2d4d
Takehome message for my Ortho friends: Know what position your equity stands in line in your company.
Dear Heidi:
I’m so raging mad right now my fingers can barely work the keyboard.
Four years ago, I landed a VP of engineering job at a red hot startup, for which I was granted options for 2% of the company. I’ve been toiling away all these years through the ups and downs, setbacks and growth, and multiple rounds of capital. The new capital that came in subsequent to my joining reduced my percentage ownership, but I s...