I don't know, once there's 20 credible manufacturers in this space I bet they will compete in any way possible. Just like any other industry.
1,117 karma · joined May 24, 2019
Former investment banker, and small company CFO.
I don't know, once there's 20 credible manufacturers in this space I bet they will compete in any way possible. Just like any other industry.
Yeah guys that’s why you’re not paying 100% cash and getting years of liquidity being withheld to your advantage. Tell you what - pay all cash and I can invest it in the stock market myself in the meantime.
Plus they don’t all work out.
It’s in the employers best interest a lot of the time, not the employees.
Plus as a hiring manager, and this is minor, I’d feel kinda embarrassed if out of sheer statistical luck multiple candidates turned down written offers, which would indicate maybe something is wrong with us as a hiring entity.
Not sure there’s a playbook here. Another commenter suggested being untruthful and pulling the offer out of them. Given how many times companies screw over employees that might be the game theory rational thing to do here even though it’s not great ethically.
Just my 2 cents.
Edit: if it’s true, go to HR and get that person immediately fired.
Especially as, very likely, a person choosing to work there likely believes in the business to some extent.
The counter argument would be: “the moment these get liquid I’m selling, then quitting to pursue XYZ thing” in which case the potentially lost half decade of time is a big non financial cost.