3 ms·

Assuming they'll IPO is a pretty bold statement.

• aaronbrethorst 11y ago
  Considering that any of the above might not makes the economics for employee #1000 that much worse.
  • WalterSear 11y ago
    The economics of equity for employees in general is out of line with most people's expectations. You can expect pre-Series A shares to drop by an order of magnitude in ownership proportion between issue and IPO. Since this can take 5-10 years, the equity carrot is nothing more than a bonus unless the company unicorns. It's less than one could probably make in the same time at an established company. From a compensation standpoint, there's no point being an employee at a startup that isn't aiming at a billion dollar+ exit: there just won't be enough money to go round unless it does.