Stripe laying off around 14% of workforce
Hey pc, if you're around:> John and I are fully responsible for the decisions leading up to it.What are the two of you doing to show accountability? Are you slashing your own future stock grants, cutting your own salaries, diluting your positions with stock grants to everyone else? What's the consequence for this decision on your end that shows you're accountable for what happened, not just responsible for it? Since you have no intention of cashing out, the valuation cut is ineffectual as a consequence to you, and the support/severance package will probably have minimal impact on your own bottom line since it's all largely been accounted for (payouts of planned bonuses, existing unvested stock etc)