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There is missing information. Presumably you have some retention bonus or stock. If not, start looking yesterday. If you do then you start calculating what
by TheCondor 5y ago
There is missing information. Presumably you have some retention bonus or stock. If not, start looking yesterday.
If you do then you start calculating what it’s worth to you, is it a private company? Is there 401k matching? If you can keep your mind occupied, you rest and vest and plan the next chapter. It’s also worth considering what you can learn, they aren’t stupid, these processes usually have a reason. It’s a reason that startup folks are immune to, it doesn’t mean it is invalid. Life changing money isn’t always life changing money, I couldn’t retire on $500k, but it did change our lifestyle, we paid off a house and had enough to save a good chunk and put a down payment on our ski condo. It was easily worth 3 years of not fun job.
The last one? I got about $75k in stock in a private company, they will have a liquidity event at some time but it might not have been worth 2.5 years. I don’t regret it but it was particularly unfun and had some toxic elements.
Also worth considering, I did the same drill and ported and built new tech on “their platform.” Punched it through, fought uphill battles every day, and got it done. Turns out, they didn’t expect it so I became a made man in their org, I could do stuff. I got a reasonable promotion from it and some more pay and whatnot. It felt good, might not have been the best financial choice but it wasn’t bad.