I just don’t want to be busy anymore

Re:I just don’t want to be busy anymore by dreyfan on Sunday September 26, 2021 @10:40PM (#28666560)

You can get RSUs and RSAs from a private company, it's just often undesirable because you pay income tax on the valuation of the shares vested but you can't sell your shares until a liquidity event or IPO.

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Re:I just don’t want to be busy anymore by xur17 on Sunday September 26, 2021 @10:59PM (#28666648)

Some employers will structure these as double trigger RSUs that do not vest until a date passes + a liquidity event occurs to avoid this.

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Re:I just don’t want to be busy anymore by sillysaurusx on Sunday September 26, 2021 @11:14PM (#28666713)

I had no idea that you can get RSUs this way. Does anyone have any suggestions on what to search for related to this?

Part of why I wanted to be a contractor was precisely because I didn’t want to play the startup lottery. But RSUs would give an alternative.

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Re:I just don’t want to be busy anymore by doktorhladnjak on Monday September 27, 2021 @01:09AM (#28667269)

They’re extremely common at larger venture funded companies that in theory are closer to IPO.

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Re:I just don’t want to be busy anymore by derwiki on Sunday September 26, 2021 @11:45PM (#28666876)

“Double trigger” seems to be the common term per a quick online search

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