makes much more sense then. Are the shares already trading or are you at a pre-IPO startup?

Jan 16, 2020
8:02:55pm

Mike Honcho All-American

If you're pre-IPO, don't believe all the hype. It might work out to be worth what you're expecting, but it more than likely will be less - maybe substantially so.

This message has been modified

Originally posted on Jan 16, 2020 at 8:02:55pm

Message modified by Mike Honcho on Jan 16, 2020 at 8:07:26pm

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Mike Honcho

Previous username: BYUCoug11
Bio page: Mike Honcho
Joined: Feb 27, 2011
Last login: May 18, 2024
Total posts: 54,098 (10,346 FO)

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Messages

Author

Time

I applied for a management position at my company I knew I had little chance

Hypnotoad

1/16/20 3:22pm

I'd bring that up in the follow that they scheduled w/ you and let them know how disrespected you felt

IceBlueCoug

1/16/20 3:28pm

I'm going to do that

Hypnotoad

1/16/20 3:30pm

I would do it in a way that makes you look like your ready if it comes up again

P-Boy Squad

1/16/20 3:34pm

How you handle this will make a difference the next time around.

Lance71

1/16/20 4:06pm

^^^This is a very good approach.

rerunc

1/16/20 4:07pm

That's kinda messed up man.

Frank Castiglione

1/16/20 3:28pm

Such situations are good reminders of how one is viewed within

cougfanz

1/16/20 3:30pm

I've got 3750 reasons to stick around at least 2 more years.

Hypnotoad

1/16/20 3:33pm

I hope those are 3750 shares at >$15 and not dollars...

Mike Honcho

1/16/20 3:40pm

My guess is you could make more than that just about anywhere

USMCdad

1/16/20 3:40pm

3750 shares at $50 a piece? (total guess on the value)

Hypnotoad

1/16/20 3:43pm

Wow, even at half that I'm probably sticking around

Mexicougazul

1/16/20 3:47pm

I know, right? I'm hoping to pay off my house with that money.

Hypnotoad

1/16/20 3:49pm

makes much more sense then. Are the shares already trading or are you at a pre-IPO startup?

Mike Honcho

1/16/20 8:02pm

In general, no decisions are made until all candidates in the pipeline have been

AFewThoughts

1/16/20 3:30pm

That's not the way hiring works here. I've been part of many hiring processes.

Hypnotoad

1/16/20 3:32pm

I have a very unfortunate business rule of thumb that has been true everywhere

Cougarclaw

1/16/20 3:33pm

Yup. Want a big raise? Switch companies.

SandYFan

1/16/20 3:34pm

Management avoids and procrastinates difficult conversations

Chicago Cougar

1/16/20 3:40pm

It's the going behind my back that bothers me. Everyone on my team has been

Hypnotoad

1/16/20 3:45pm

That makes sense. Maybe the 15 min conversation is just to give you an update

Coach's Dad

1/16/20 4:03pm

I saw this repeatedly as a young associate and I saw it from both sides. For

gwalker

1/16/20 3:43pm

Exactly.Nothing like observing how your firm values your time and experience

Cougarclaw

1/16/20 3:48pm

Happens in engineering too. The advice I've received is you generally have to

Mitty

1/16/20 9:15pm

One of the worst things you could do is overreact

Incentivize

1/16/20 3:43pm

Even if it turns out you were disrespected, decide how much that bothers you. If

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