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Assume stock options are worthless. Once in a career, perhaps, you might experience a pleasant surprise in a modest little way. Do it for the salary, do it for
by marssaxman 8y ago
Assume stock options are worthless. Once in a career, perhaps, you might experience a pleasant surprise in a modest little way. Do it for the salary, do it for the experience, do it because you are trying to be the change you want to see in the world, but don't do it because you imagine the stock will be worth anything.
- throw31415 8y agoUnless the company is on the market for almost a decade now, shows steady growth and IPO might happen during the vesting period. However I agree that most cases stock option is worthless in early ages, especially if it needs VC money to keep the ship from sinking.
- marssaxman 8y agoSure, but in that case you won't be receiving potentially-life-changing quantities of stock options, because it's already too close to being a sure thing. You're only going to strike it rich if you are one of the first handful of employees to receive options at a very early startup which later has a very successful exit, and you simply can't know in advance whether the startup you are thinking about joining will or won't be one of those.