I am one of those let go today. It's especially bad, because they seem to have messed up the invite templates. I received one to the Town Hall meeting, even before Majus letter was published, only to get the invitation cancelled and receive and invitation to "Bolt Restructuring". What an emotional rollercoaster. Extremely anxious about the future, as this is my first time being laid off, especially in the current market.
EDIT: I am doubly screwed because I signed up for the employee stock option loan program... and I'm not sure what the bank will want from me now that the stock price has tanked.
We've banned throwaabolt and also what looks to be that user's main account.
To answer the question, it took HN only a few minutes for some users to realize this, but 2 hours for me to find out about it. Most of that time, an email was sitting in the inbox waiting. Thank you for pointing this out, and also to the user who emailed, since otherwise I wouldn't have seen this. We rely on the community to route info to us. Fortunately HN has a lot of users who care about the quality of the site.
All: if you notice anything weird, dodgy, or otherwise degrading of quality, we always appreciate a heads-up at [email protected]. HN admins are mostly a clearinghouse for things that the community notices, so this really is a shared effort.
> There IS risk to the employee; they now have a real loan outstanding and 100% personal recourse, so if the common stock becomes less than exercise price, their personal assets are on the hook
So I suppose the bank will be after your personal assets?
I work at Bold Commerce and we have some open positions for software devs; take a day or two to process and then take a look. I never realy figured out how so any companies were all going to "own federated checkout" and we are definitely in a different space, though a comparable size to Bolt.
I'm sorry you're going through this. I don't know what your position is but I may be able to help you with the "finding a new job" part of your anxiety. Please feel free to reach out to me on twitter @devetorecruiter. Good luck with everything!
We live seprated already and have our own lifes (and boyfriends, at least for her) but the divorce has not been finalized yet and so she technically is still my wife.
