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Golden Handcuffs removed - brad's life [entries|archive|friends|userinfo]
Brad Fitzpatrick

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Golden Handcuffs removed [Jun. 25th, 2007|04:32 pm]
Brad Fitzpatrick
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With little (actually no) fanfare, I passed my 2 year mark at SixApart, releasing all my Golden Handcuffs stock from the LJ acquistion, and I didn't even notice. Our CFO off-handedly mentioned me having all my stock and I was like, "no, that's in 6 months..." But it turns out I'm forgetful and my handcuffs unlocked at two years, not three.

Anyway, I now have all my stock, although I can't do anything with it because we're a private company. But at least it's mine now, though, I don't have to pay for it, I already paid then-minimal taxes on it, and if it's ever worth something, the profit is taxed as capital gains, not income. Pretty much the best case scenario. Remind me to send a box of chocolates to my lawyers.

So now what?

I hadn't really been thinking about "next steps" before because I was relatively happy and I was committed to sticking around long enough to get my stock.

Obviously it's in my best interests to stick around and do what I can to make SixApart as successful as possible, as that'd make my stock worth potentially more, but lately I'm growing bored with lack of stress, risk, speed, and human interaction (I'm not really in a group here). Plus I'm not convinced I couldn't be just as helpful to SixApart outside of SixApart.

I have some new stuff I want to do and am getting really excited about, but it'd be too boring/slow for me to do entirely myself, so the current question is if I try to get resources inside SixApart to do it, or go elsewhere and do it. Or do something else entirely.

In the short term, I'm going to see what's possible here, but this boredom can't go on much longer before I snap. I need to be in a team of excited, fast-moving people stressing the fuck out (in a fun way) on challenging and important problems. I miss that.

[User Picture]From: brad
2007-06-26 06:45 am (UTC)
That's an obvious candidate, yes. I certainly know enough people there, and they do a lot of stuff I really respect.
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[User Picture]From: glyphard
2007-06-26 02:58 pm (UTC)
don't do it!

the juggernaut of goodwill and commerce doesn't need another automaton chanting the mantra of do no evil.

you've been successful mostly on your own terms. I don't see how getting into a situation where you're not fully in control of what you're working on is a step forward. Plus now that they're public I get the sense from reading evan and other people that it is a much different place to work.

But then on the other hand, if you're trying to do something that depends on a standards-like adoption like OpenId then being at a behemoth is pretty much the only way, and when faced with a choice like yahoo, you might as well pick google.

my $0.02 = make brackup++. Have a nice client that easily installs on mac and windows (sans cygwin) charge a recurring fee for service, dominate. small group of people, big upside, good economics-of-scale, and highly tangible output.

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[User Picture]From: avva
2007-06-26 10:49 pm (UTC)
I'd say, think about G. "in a team of excited, fast-moving people stressing the fuck out (in a fun way) on challenging and important problems" sounds exactly like what I'm doing now. On the other hand, big company, yeah. But: small teams and no micromanagement. You still end up feeling like a cog if you feel like feeling like a cog. But if you don't, there's a lot of fun to be had. But on the third hand, lots of ingrained culture that wants to assimilate you in many ways. Blah, I don't know. Pros and cons.

If you leave 6A, that's totally going to feel like LJ going down the drain. Yeah, I know it's irrational 'cos you don't even work on LJ anymore.
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