Max KennerlyTwitter can't pay its bills. The banks that funded the acquisition can't syndicate the debt. Revenue plummeted and shows no signs of improving. There aren't even any plans to improve revenue. Stock awards are worthless.
King KaufmanWhen I worked at startups, even good viable ones, they'd say this:
"We're offering you a $5,000 raise and 5,000 new stock options."
I'd hear this:
"We're offering you a $5,000 raise."
Once it worked out and I got some money from stock options. I considered that gravy.