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December 28, 2007
Exercise your options - lesson learnt hard way
I left Mixercast some months back and couldn't exercise my stock-options due to various reasons (new place, new job etc), I forgot it totally. Now ninety days are over and I am (or have) screwed up. As far as I know or told, nothing can be done.
I knew, Mixercast would do well and my reason to leave company was something different. I feel, I had worked hard enough to reach a state of burnout.
Anyway, a lesson learnt, always exercise your options, if you believe in the product/startup/company and have worked hard.
Posted by Abdul Qabiz at December 28, 2007 05:09 PM
Comments
Abdul,
I know how much blood,tears and pain you had poured in MixerCast.
You were a synonym of hard-work,passion,enthusiasm and honestly.
I am really sorry to hear about this.
Why bad things only happen with good people?
Posted by: Bill at December 28, 2007 05:35 PM
Abdul..
I can understand your position..
From first day at Nanocast now Mixercast..
how much efforts you put, and effected your personal life to make that startup successful..
But it happens , I also learned same thing and now other should learn as well.
Never believe on assumptions and promises, it all only dream..
I know you.. and I know one thing as well, you will get what you want very soon , you deserve the best..
dont be worried, its part of life .
Posted by: Abdul Qaiyoom at December 29, 2007 03:55 AM
Ok, now that was not smart. You should have kicked yourself. I also believe you should have kept it to yourself.
Posted by: Broker at December 29, 2007 05:23 AM
In my opinion its company's responsibility to give/told to the employee of their due benefits when one leave the company.
Posted by: Sanjay at January 2, 2008 01:46 PM
I agree with Boker. You need to kick urself hard. And Sanjay, the company's responsibility is to give u benefits, not take out the money from the bank and pay ur bills. If u don't care abt ur money, noone will.
Sorry Abdul if the above sounds rude, but I know how hard u've worked...
Posted by: Abhishek at January 8, 2008 01:13 PM
Talking of the issue ... I FULLY agree that its company's responsibility to give the money or clear the dues .. even if an individual forgets it ...
A STRANGE case .. but true ... I worked for Siemens Information Systems Ltd (SISL ) for a year ( June 2005 - June 2006 ) and joined another company after that ... believe it or not just a week back i heard from them ... ie. almost after 2 years ... they have announced some "bonus" to all employees and i will receive mine at my mailing address ... it was a pleasant surprise ...
even though i didnt learn much at SISL I was not at all technically satisfied there , but they are good & proffesional people... all of my ex-colleagues got cheque ranging from 2K - 14K , depending upon the no of months worked...
Posted by: lavnish at July 14, 2008 08:56 PM