Re:Any stories of employees with equity successfully taking ...
by BadCookie on Wednesday March 18, 2015 @02:42PM
(#9227738)
Stories like this one make me feel foolish. I recall not applying to Twitter in 2008 partly because I thought that they were already too successful and famous for the equity to be worth much. Clearly, I was mistaken. (It is a small comfort that I probably would not have received an offer anyway, due to my skills and experience level not being a great match for the open positions that they had at that time.)
Re:Any stories of employees with equity successfully taking ...
by gdix on Wednesday March 18, 2015 @03:20PM
(#9228027)
Hindsight is 20/20. I thought I had missed the boat in 2007 when Facebook was valued at $500 million. "Clearly they couldn't go much higher than that!" I thought.
I have a friend who got an offer from a startup in 2011 w/ 0.15% equity. He didn't take the offer. The company was WhatsApp and his equity would have been worth $27 million.
Re:Any stories of employees with equity successfully taking ...
by arasmussen on Wednesday March 18, 2015 @03:19PM
(#9228018)
Go work at Uber :P
Re:Any stories of employees with equity successfully taking ...
by citizens on Wednesday March 18, 2015 @05:52PM
(#9228937)
According to their angel.co page, they are not offering equity: https://angel.co/uber/jobs/
Re:Any stories of employees with equity successfully taking ...
by arkem on Wednesday March 18, 2015 @10:20PM
(#9229885)
I don't know if they're offering equity at the moment but they were offering it to engineers 18 months ago.
Re:Any stories of employees with equity successfully taking ...
by foobarqux on Wednesday March 18, 2015 @03:16PM
(#9227999)
Why did you leave?
Re:Any stories of employees with equity successfully taking ...
by honestfeedback on Wednesday March 18, 2015 @03:23PM
(#9228052)
My reasons for leaving were 100% personal. Financially I would have been much, much better off staying for at least another 2-3 years.
I sold the bulk of my position quickly due to serious concerns about tying the bulk of my net worth to a single company's future.
After strike price, AMT, and income tax I ended up with roughly $1m in cash. Probably could have been closer to $1.2m if I knew what I was doing tax-wise.
Not a reproducible pattern to be sure, but it was a nice outcome.