E972: “Robbed of Equity”: Toptal denies any shares to employees & investors. Amir Efrati of The Information on breaking the story, founder Taso Du Val’s stock hoarding, unusual tactics & changing land

1:00 Jason intros the Toptal situation and Amir

3:00 Amir on breaking the Toptal story

3:20 Frequency of compensation issues in startup funding

13:45 Jason explains convertible notes

16:10 Did Taso Du Val know what he was doing?

22:00 How can Toptal investors cash out?

29:15 What do LPs think of SAFE agreements and convertible notes?

30:20 Toptal is a cautionary tale for employees & investors

35:59 Jason’s thoughts on convertible notes/SAFE agreements

57:40 Jason’s main takeaway from the Toptal situation

1:07:15 How Jason would fix equity issues at Toptal

1:08:58 Jason intros former Toptal employee Scott Ritter

1:11:03 Scott’s thoughts on missing out on equity as one of the first Toptal employees

1:12:28 Taso Du Val as a boss and co-worker

1:14:15 Were there stock option promises made to employees?

1:20:55 Taso Du Val’s thought process on equity

1:25:10 Jason explains why he is so upset about this issue

1:27:45 Scott describes what attributed to Toptal’s rapid growth

1:31:40 Jason introduces #boycottToptal