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A comment on Working for a startup makes less sense, unless you are into the mission. Parent comment

Re:Working for a startup makes less sense, unless you are in... by kenneth on Tuesday March 26, 2019 @02:36PM (#19494747)
An exit would usually be considered long-term capital gains under the tax code, which luckily tops out at 20% (+ state income tax)
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Re:Working for a startup makes less sense, unless you are in... by ojn on Tuesday March 26, 2019 @02:45PM (#19494835)
Only if you joined early enough that doing early exercise of stock options is financially viable.
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Re:Working for a startup makes less sense, unless you are in... by hedora on Tuesday March 26, 2019 @02:57PM (#19494928)
In CA the max marginal rates are close to 40% for long term capital gains and 51% for short term / income tax.
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Re:Working for a startup makes less sense, unless you are in... by sk5t on Tuesday March 26, 2019 @05:53PM (#19496371)
If you exit by cashless exercise of options, it's (usually) then blasted by the full effect of wage/income tax.
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