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If I had stayed the full four years I would have vested between $600-$800k; I only vested around half that. The only people who hit low seven figures are very
by xenadu02 8y ago
If I had stayed the full four years I would have vested between $600-$800k; I only vested around half that.
The only people who hit low seven figures are very early employees, maybe #1-3. The exceptions are the really unique unicorns like Google or FaceBook, which print so much money everyone gets rich.
- deanmoriarty 8y agoCool. Sounds like your full grant at the end would have been for ~0.1% of the company, so assuming a 50% dilution over the years, the original grant was in the ~0.2% range. It's a little bit stingy but overall (unfortunately) in line with my expectations of what employee #38 usually is granted. One more point that confirms one should really go work as employee at a startup for many reasons _except_ the financial outcome expectations. Thanks!
- xenadu02 8y agoIf you want to launch your own startup it is a great way to get some experience; if it pays off that also gives you a nest-egg to live on while you launch or bootstrap. If you don't want to or can't work for one of the BigTechCos then it still pays well compared to most jobs. Complaining about a six-figure payoff during an acquisition is one of the most Bay Area™️ things you can possibly do :)