4 ms·
I have a very similar story: Was on the first 10 employees at a now unicorn, forward exercised with a few thousand dollars, and my shares are also now worth aro
by luckystartup 7y ago
I have a very similar story: Was on the first 10 employees at a now unicorn, forward exercised with a few thousand dollars, and my shares are also now worth around $1.5m. But unfortunately the company blocked all attempts at selling any shares on secondary markets.
Something you might not be aware of: If you joined the company before they had $50M in assets, your stock would also qualify as QSBS [1], which means you don't have to pay any tax on gains of up to $10 million.
[1] https://www.andersentax.com/services/for-private-clients/business-owners-and-entrepreneurs/qsbs https://www.andersentax.com/services/for-private-clients/bus...