Re:Ask HN: Former Employees' RSUs at Risk After Startup's IPO
by JumpCrisscross on Wednesday February 12, 2025 @06:59PM
(#43031157)
Borrow against the RSUs. If you have more than $500k, this should be trivial to privately arrange. (If less, idk. Also, not legal advice!)
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Re:Ask HN: Former Employees' RSUs at Risk After Startup's IPO
by danielmarkbruce on Wednesday February 12, 2025 @07:06PM
(#43031233)
yeah i was going to suggest the same... there are companies that do this, and honestly anyone with a little cash will lend you the money assuming the stock isn't a totally ridiculous thing.
How are the RSUs managed? Are they in a brokerage account? You may well be able to borrow from the broker.
Re:Ask HN: Former Employees' RSUs at Risk After Startup's IPO
by breakds on Wednesday February 12, 2025 @07:39PM
(#43031455)
The shares are not in our brokerage account yet. According to the company, they need to confirm the tax payment to the company before the shares are transferred to the personal brokerage account.
Re:Ask HN: Former Employees' RSUs at Risk After Startup's IPO
by JumpCrisscross on Wednesday February 12, 2025 @11:23PM
(#43032647)
> shares are not in our brokerage account yet
You don’t own shares. You own a right to future shares. Borrow against that. (If you want to roll your own loan, sell a deliverable forward. Again, not legal advice!)