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Now that I'm more than halfway through my working life, my walls are papered with worthless equity grants. I've never seen a penny and I'm under no illusions th
by nsxwolf 5y ago
Now that I'm more than halfway through my working life, my walls are papered with worthless equity grants. I've never seen a penny and I'm under no illusions that I ever will. I no longer consider them at all when negotiating compensation. I interpret their very mention as a trick to get me to devalue myself.
- bognition 5y agoHow many of these grants were for RSUs in a publicly traded company?
- slt2021 5y agostartup equity grants are lottery tickets and must be treated as such. Public equity grants are as good as cash
- philjohn 5y agoThat's different from a publicly traded company RSU, where on each vest date you are employed you will get a % of your initial grant (+ refreshers) - tax withholding distributed to your brokerage account. It accounts for more than 50% of my total compensation.