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If it is not RSUs - and just options, and you have 3 months to decide if to exercise your options with a bunch of $$, when co is years away from IPO... for most
by dkural 6y ago
If it is not RSUs - and just options, and you have 3 months to decide if to exercise your options with a bunch of $$, when co is years away from IPO... for most, it means walking away from the equity.
- awillen 6y agoThat's a situation that you should expect to end up in if you join an early stage startup - most people at the series A/B aren't there at the IPO. You can make the choice as to whether to take the risk, or you can seek out a company that will provide you the upfront cash needed to exercise in exchange for a significant portion of the upside if a liquidity event happens.