Ask HN: Former Employees' RSUs at Risk After Startup's IPO

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.

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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.

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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!)

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Re:Ask HN: Former Employees' RSUs at Risk After Startup's IPO by fragmede on Thursday February 13, 2025 @01:24AM (#43033255)

And the important thing to note about those companies is that 100% of $0 is $0. X0% of a big number is still a big number, and still bigger than $0.

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