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Discussion on: A Devastating Cautionary Tale for Open Source Devs

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Brian McBride

the distribution of crypto they offered initially was not in the official offer letter at all

Crazy red flags here. The first is crypto. One step away from a ponzi scheme, ecologically unethical, and used mainly by people avoiding law... If a company wants to offer you crypto coins that should just be icing on top, not part of your base comp plan.

The second, however, is the fact that they are leaving out terms in your offical paperwork. I've personally had poorly worded terms of stock options in a past offer letter, only to be put off month after month, "Next board meeting we are issuing the stock." with only an ecuse to follow. In that instance, we were aquried within a year and the owners made millions, the few people hired shortly before a few of us went and bought houses, and the the rest of our very small team was offered a $40k check and "sign this that says you give up the rights to sue us" (and keep your job) to get it. Oh, by the way, the annoucement to our "sign or leave" all happened within 6 hours on a Friday.

My mistake was not joining without that litteral stock assignment in hand. If someone is going to be as dishonest to leave out something they offered - they are going to be that way forever more. Walk away. You don't want to work for anyone who will dangle fake promises in front of you.

You are clearly very talented. Stand up for your values, both morally and financially.

I imagine this must be pretty stressful.