Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by bookbinder on Wednesday January 18, 2017 @06:01PM
(#13431302)
How was it affecting your mental heath--stress, sleep deprivation?
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by jes5199 on Wednesday January 18, 2017 @07:14PM
(#13431775)
well, I developed a kind of generalized anxiety - I think it came from the long hours in a fairly large and crowded open-floorplan office - it was just way more constant social contact than I'm comfortable with. I guess if it was stress, it was stress from trying to perform while conforming to an environment that I found profoundly uncomfortable. Also there were nebulous culture mismatches that made me feel like I had to put on a fake persona to fit in.
Now I work from home and I'm much happier.
Instead, I bought a fee thousand dollars worth of shares - only what I could afford. They IPOed at 10x, and I made a down payment on a house.
But that was a rare case: I had some extra savings, the company was clearly succeeding with clear intent to IPO. And even so, I had to wait four years for a payoff.