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I've worked for around 10-15 startups now over the years. Only one meaningful exit or equity: NEWR from 2009 to 2011, employee #20 or so, 20k shares (0.05%), e
by jaggederest 8y ago
I've worked for around 10-15 startups now over the years. Only one meaningful exit or equity:
NEWR from 2009 to 2011, employee #20 or so, 20k shares (0.05%), exercised most of my vested ~10k before leaving, sold post-IPO-lockup at ~$36/share for a gross of around $385k . Would have gone up if I had waited to sell, to around $1m now. Most of my former coworkers are independently wealthy now, solid folks who all absolutely deserve it. Should have negotiated for more shares or cash, stayed longer, and exercised all vested shares. Live and learn I guess.