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At this point, if there is no way to sell those shares that you exercise immediately, it makes the most sense to bide your time (EDIT: ie. not leave) and wait f
by steven2012 11y ago
At this point, if there is no way to sell those shares that you exercise immediately, it makes the most sense to bide your time (EDIT: ie. not leave) and wait for the IPO. It might be 1-2 years, but if it means giving up a millions of dollars, I would just tough it out. Don't think that these opportunities come all the time, this is your chance to make a lifetime's worth of money, you hit the lottery so don't squander this opportunity. 1-2 years more won't be a big deal in the grand scheme of things.
- leroy_masochist 11y agoRight, but this person's problem is that they don't have the cash to pay for the taxes associated with exercising the options, making the "hold patiently" plan problematic.
- bagels 11y agoI think the proposal is that the person not leave, instead of leaving and needing to exercise.