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I was just about to accept a job offer from Zoox. I'm going to have to rethink that now.
by awjfowiefj 6y ago
I was just about to accept a job offer from Zoox. I'm going to have to rethink that now.
- toomuchtodo 6y agoDepends if they'll give you equity as part of the comp with an acceleration clause. If so, congrats on your lottery ticket. As my uncle used to say, you can marry more money in a moment than you can make in a lifetime.
- iav 6y agoIf it’s stock options at the last round valuation then they will be worthless. In theory the 409A valuation should be adjusted but in practice it’s most likely still at the 2018 round value.
- toomuchtodo 6y agoI’m just saying asking is free. Better to have the conversation than regret. The worst that happens is OP is told no and/or the equity is worthless and moves on to a better opportunity.
- yowlingcat 6y agoI'm not going to go into why I disagree with your uncle, but let's just say there is more than one kind of cost of capital.
- ciarannolan 6y agoPerhaps GP is not inclined to work for Amazon, regardless of the compensation package.
- beambot 6y agoZoox has a hell of a liquidation preference overhang. The common stock options could very well be worthless -- a lot of factors at play here, all of them well outside the purview of non-executives.