geoffreyy's comments

geoffreyy | 4 years ago | on: Ask HN: Who is hiring? (June 2021)

Figure | Full-time | Engineers | Remote/SF

Figure is a modern compensation platform that helps companies centralize their data, set their pay structure, benchmark themselves against similar companies in realtime, and communicate total rewards to their candidates and employees. Figure streamlines painful and complicated manual compensation processes into simple, secure, and collaborative workflows - say goodbye to spreadsheets. Our mission is to bring equity and transparency to compensation -- for companies, employees, and candidates. The founders were both previously software engineers building products at scale at companies like Uber, Instacart, Flexport and Checkr.

Apply at https://figurehr.com/jobs

geoffreyy | 6 years ago | on: Ask HN: Early stage employees, how much was your equity worth?

I mainly found buyers from inbound emails and via SharesPost, EquityZen and Equidate (Forge). I am not on the board. The way I approached this, was to be upfront with the potential buyers and letting them know that the board is not allowing any transaction as far as I know. Then we would draft a contract with their broker team and I would be sending it to my previous company's general counsel or CEO. Each time it was received and responded to with "We do not authorize any transactions for now. Thanks, bye" which was very frustrating. No recent outside investment AFAIK.

geoffreyy | 6 years ago | on: Ask HN: Early stage employees, how much was your equity worth?

Left the company 8 months ago but if I could sell everything right now (which I would) I could be getting 3-4M pre-tax money. However my board is rather inflexible and won't allow any secondary sale, even though I went ahead and found many buyers and even got into sale contracts... So I am pretty much sitting on paper money until the market crash and I get screwed along with the other employees while the founders were able to sell anytime :)

geoffreyy | 6 years ago | on: Launch HN: Compound (YC S19) – helping employees understand equity compensation

Congrats on making it to YC 19!

Love the idea, in fact I started something similar[1] in March 2018 when I was switching job. I also heard too many stories of friends accepting early stage companies offers with little to no equity and I was hurting for them.

I hope we (employees) will finally get our leverage back and fight for better equity but ALSO better liquidity!

If founders get liquidity, employees should too, it's only fair.

[1] https://reffo.us/

geoffreyy | 7 years ago | on: Show HN: Anonymous job offer feedback community

Right now we don't verify beyond verifying your email address that it comes from a corporate domain. In the future I plan on adding features such as referrals which will need a stronger verification process.
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