Readit NewsWith a rapidly growing creator economy, the tooling around building custom communities is very far behind. The cutting edge is a Facebook group, Slack channel, or a Discord server.
This is a thought fallacy that leads us nowhere, it's a complex problem with many causes and lots of moving parts.
We can't just plant a bunch of trees and keep living like before, growing to 10 billions and beyond.
We need to plant a bunch of trees AND reduce traveling AND stop eating so much meat, AND stop fishing so much, AND stop creating to much waste, AND keep the world population under control, etc. It's not OR, its AND.
Thinking "Oh well someone is just going to plant a bunch of trees and fix it, I'll just back to eating my cheeseburger" is not a productive message at this point in time, when so much is still to be done to convince the general public that lifestyle changes are urgently needed.
I agree we need people to be more conscious of waste and to reduce excessive consumption, but at the same time, we need easy solutions for people to contribute.
I like the dual strategy of Project Wren (https://projectwren.com/) that encourages lifestyle changes and buying carbon offsets at the same time.
1) "Don’t forget though, you’ll have to pay taxes, because the value of your shares is likely greater than the price you paid to buy them."
This is not true if, like most stock options, yours are ISOs and you don't hit AMT.
2) "I didn’t have enough money"
There are now places that'll loan you money secured against the value of the shares themselves. If the alternative is not exercising the shares at all, this is a pure win (these services eat into your profits, but some is better than 0)
3) "I didn’t have enough time"
It's increasingly common for startups to have much more generous time spans for exercise. The 90 day window is required by law for ISOs, but many companies now autoconvert at the 90 day mark to NQSOs with much longer time spans, up to 10 years in some cases (Stripe, Pinterest, and Flexport are examples). This is something you should ask about before joining a company.
4) "I didn’t think the company would survive"/"I have a low risk tolerance"
These are the only ones that really matter. Like any investment, you gotta weigh the ROI and risk against your preferences.
We help cover the exercise and any associated taxes for a portion of the upside!
They also do a great job of educating users about what they can do to reduce their carbon footprint!
I hope to see more people change their lifestyles to become carbon neutral! At the very least, I hope people will vote with their money and subscribe to something like https://projectwren.com/!
Does anyone have experience exploring both of them? Pros and Cons?
Btw, Carta has A LOT MORE content on Equity guide for employees.[1][2][3][4] etc.
[1]: https://carta.com/blog/category/employee-resource-center/
[2]: https://carta.com/blog/equity-101-stock-option-basics/
[3]: https://carta.com/blog/equity-101-stock-economics/
[4]: https://carta.com/blog/equity-101-exercising-and-taxes/
They even held workshops for startup employees at Union Square Ventures office in NYC a few years back in addition to a number of other meetups and talks at conferences.