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You can get RSUs and RSAs from a private company, it's just often undesirable because you pay income tax on the valuation of the shares vested but you can't sel
by dreyfan 5y ago
You can get RSUs and RSAs from a private company, it's just often undesirable because you pay income tax on the valuation of the shares vested but you can't sell your shares until a liquidity event or IPO.
- xur17 5y agoSome employers will structure these as double trigger RSUs that do not vest until a date passes + a liquidity event occurs to avoid this.
- sillysaurusx 5y agoI had no idea that you can get RSUs this way. Does anyone have any suggestions on what to search for related to this? Part of why I wanted to be a contractor was precisely because I didn’t want to play the startup lottery. But RSUs would give an alternative.
- derwiki 5y ago“Double trigger” seems to be the common term per a quick online search
- doktorhladnjak 5y agoThey’re extremely common at larger venture funded companies that in theory are closer to IPO.