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As elastic_church mentioned below, the firm I work for (The Employee Stock Option Fund: https://employeestockoptions.com https://employeestockoptions.com) could
by chrdlu 10y ago
As elastic_church mentioned below, the firm I work for (The Employee Stock Option Fund: https://employeestockoptions.com https://employeestockoptions.com) could help fund the exercise and help cover potential taxes. We aim to give employees upside in the startup without them having to invest their own money.
- lutorm 10y agoIn exchange for what cut? I looked all over your web page without seeing a number.
- chrdlu 10y agoEach deal is custom tailored to the optionee. As you can imagine, some people have higher strike prices than others and as a result, the economics of the deal would change. We typically aim to take a minority position because we want our counterparty to have a vested interest in the shares.
- a_t48 10y agoWhat is your firm's angle in this? Do you take a cut of sales if\when the stock sells? I've some options that I have to act on within a month or two, but I don't think they qualify (company is kind of in the twilight zone - founded >10 years ago, but not publically traded).
- chrdlu 10y agoWe take a percentage of the future proceeds (which gives us upside in the startup). You may be surprised, a lot of companies are taking >10 years to IPO including Mulesoft. Feel free to send me an email at chris@esofund.com and we can chat!