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While I see this as true, man does it suck to be an employee who was hoping for stock options to be worth anything. Especially for those who became Twitter emp
by JonFish85 11y ago
While I see this as true, man does it suck to be an employee who was hoping for stock options to be worth anything. Especially for those who became Twitter employees via an acquisition, since I imagine a big part of their compensation from that event was stock.
- acchow 11y agoTwitter IPO'd a while ago. Employees with option grants had plenty of time to realize gains...
- rhizome 11y agoWhen a company I worked for was acquired by a public company, my options were converted 8:1 to actual shares in the acquiring company.
- ryandetzel 11y agoWork for a large well know established company making a great salary and tangible RSUs or work for one of the other 99% of startups that pay under market and whose options will never be worth $0.01. Yeah, sucks to be an employee at Twitter. :-/
- JonFish85 11y agoI guess? I have friends who worked for a company acquired by Twitter pre-IPO and their stock options are apparently not doing well. Granted it's anecdotal, but I'm not saying that nobody makes money off of Twitter.
- prostoalex 11y agoFor context, TWTR priced its IPO in $17-20 range http://www.cbsnews.com/news/twitter-prices-ipo-at-26-a-share/ http://www.cbsnews.com/news/twitter-prices-ipo-at-26-a-share... before the wave of demand pushed its higher. Unless someone was acquired in a largely stock-based transaction during the short period of time TWTR was in sub-$70 range, the trip has been relatively stable.
- ropiku 11y agoTwitter was offering RSUs since before the IPO (I worked at Twitter).