Re:Ask HN: How much did you, as an employee, make when your ...
by kusha on Monday September 24, 2018 @04:50PM
(#18061316)
Employee # 3 at a startup, my first full time jr dev job. Eventually talked my way into .33% equity.
$6M exit, our shares were bought with the acquiring company's publicly traded shares. Those shares had a 6 month cliff before we could sell them.
~$9 a share at the time of acquisition, ~$4 a share at the end of the 6 months. Sold about 1 year after acquisition for ~$10/share, now at ~$17 a share and climbing.
Made $11k pretax in the end. (+$4k cash gift from founder that got a bigger payout, due to the board not approving more equity for employees pre-acquisition)
$6M exit, our shares were bought with the acquiring company's publicly traded shares. Those shares had a 6 month cliff before we could sell them.
~$9 a share at the time of acquisition, ~$4 a share at the end of the 6 months. Sold about 1 year after acquisition for ~$10/share, now at ~$17 a share and climbing.
Made $11k pretax in the end. (+$4k cash gift from founder that got a bigger payout, due to the board not approving more equity for employees pre-acquisition)