Hedged Risks, Unhedged Risks?

Working for a big tech company, startup, or even restaurant ,,, you think your job is safe? No! Your company can easily fold any moment —

When I had my old 9-5 tech job, at Demand Media (now the “LEAF” group)— I kind of thought my job was “secure”. We IPO’d, thought we’d all get rich off our stock options ,,, then our stock crashed, and boom one day over night, half the company got laid off? Even my boss!

Even my sister in law, steadily employed at a nice fancy restaurant but one day totally randomly out of the blue, when everyone thought their business was booming, decided to close the restaurant 100%,,, simply because there was a dispute between the restauranteer and the investors?