Salary Calculations

[Capt Caveman]

Originally posted by: Common Courtesy
If one works for a company that is just starting up, a low salary with stock options down the road may bea reasonable option.

The OP is from India and the company covered his expenses. He gambled that the company would do better and it has. Now, he wants to cash in the "stock options".

No one here ever worked for a startup before?

It has nothing to do with stock options. If that was the case, he would just be able to cash in his options.

He's obviously under some kind of agreement that he would be paid for the time he worked plus interest if the company ever succeeded.

 

[EagleKeeper]

That is why I put the "stock options" in quotes.

Many people can not get a handle on deferred compensation.

However, they do understand stock options instead of salary.

 

[Playmaker]

Originally posted by: Common Courtesy
If one works for a company that is just starting up, a low salary with stock options down the road may bea reasonable option.

The OP is from India and the company covered his expenses. He gambled that the company would do better and it has. Now, he wants to cash in the "stock options".

No one here ever worked for a startup before?

That's not a startup, that's essentially indentured servitude for over three years, and it sounds as though his "master" has suddenly become benevolent. Is this common in India? Because it seems more at place in colonial America circa 17th century.

 

[alkemyst]

Originally posted by: Playmaker

Originally posted by: Common Courtesy
If one works for a company that is just starting up, a low salary with stock options down the road may bea reasonable option.

The OP is from India and the company covered his expenses. He gambled that the company would do better and it has. Now, he wants to cash in the "stock options".

No one here ever worked for a startup before?

That's not a startup, that's essentially indentured servitude for over three years, and it sounds as though his "master" has suddenly become benevolent. Is this common in India? Because it seems more at place in colonial America circa 17th century.

QFT, even a startup you are usually getting paid something.

 

[zixxer]

Originally posted by: Common Courtesy
If one works for a company that is just starting up, a low salary with stock options down the road may bea reasonable option.

The OP is from India and the company covered his expenses. He gambled that the company would do better and it has. Now, he wants to cash in the "stock options".

No one here ever worked for a startup before?

This is pretty far from any normal startup unless you're a principal.