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Cake day: June 1st, 2023

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  • Evenly weighted vesting schedule: Your grant vests the same amount every month for every year of the duration of the grant. For example, 1/48th of the grant vests over 4 years.

    Back-weighted grant: Your grant vests less or not at all for the early period of the grant, and then a majority in the later part of the grant. For example: Year 1 10%, Year 2 20%, Year 3 30%, Year 4 40%.

    Why it’s fucked up: The company is incentivized to abuse your labour early in your employment and then push you out before the majority of your compensation package kicks in.

    Equity is already enough of a pair of golden handcuffs as it is, there’s no need to make them worse from this perspective.








  • GissaMittJobb@lemmy.mltoMicroblog Memes@lemmy.worldNo Way
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    5 days ago

    So I get how this could sound compelling with that framing, but note that:

    • This was part of a hack project by 4 students in 2020
    • The tool they built in the hack was an ML computer vision system to validate ballots, in an effort to reduce mail-in ballot rejection rates
    • As a part of testing this project, they needed a way to generate a large amount of ballots which the system could then validate
    • Five years later, one of the authors of this hack works for DOGE

    Like, take a look at the code - it’s trivial, in large part because it was made by college students in their early academic career. Creating something of similar caliber would be extremely trivial.

    That this student hack project would have been used as a part of a greater scheme of election fraud seems highly unlikely.