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"It certainly would've been better financially, though honestly, the difference is "set for life" vs. "set for a long time", so I'm not certain it would make a
by JonFish85 10y ago
"It certainly would've been better financially, though honestly, the difference is "set for life" vs. "set for a long time", so I'm not certain it would make a material difference in my life now"
Let's not forget that DropBox hasn't exited yet, and in fact may be in a very tricky position. As much as it's fun to look at "I'd have had 0.75% of $10bn, that's $75m!", it's rather unlikely that you'd see that money. Maybe they can pull it off, but it's also possible that they are in a bit of a tight spot where they're over-valued, which can absolutely ruinous to employee options. They have to prove to the market that they're much more valuable than Box, which has a head start on them in that regard.
I'm not sure I'd view it as that clear-cut. If you walked away from your previous company with a life-changing amount of money, there's a very solid chance you were better off there than at DropBox, purely from a financial perspective. I'm not trying to be a jackass, I'm just trying to say that they haven't exited yet, and you can't really compare!
- nostrademons 10y agoI assume there have been secondary stock sales. It's pretty common these days for relatively liquid secondary markets to spring up around tech unicorns. The fact that they aren't "public" doesn't mean that you can't sell; it just means you can't sell to ordinary people. Markets treat regulation as damage and route around it.