> Public RSUs for stock you can sell immediately on the open market are fantastic. I mostly agree with this statement, but they are not entirely without risk.

> Public RSUs for stock you can sell immediately on the open market are fantastic. I mostly agree with this statement, but they are not entirely without risk. With the almost universal 6 month lockup these days, through an IPO employees could be left with a large tax burden, including having to make quarterly estimated payments, on a bunch of income that might be worth less than it was taxed at, or even worthless, if the company folded. Sure, it's unlikely, but look at some of the 2019 IPO flops. If you are taxed on a something like a million dollars of income, but only actually pocket half that, then at the end of the day you effectively have a quarter of what you started with.