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Right; so my plan of having 60% of my wealth tied up in unvested stocks in a single company is really coming to fruition!
by thechao 4y ago
Right; so my plan of having 60% of my wealth tied up in unvested stocks in a single company is really coming to fruition!
- FollowingTheDao 4y agoOh man, so sorry.
- quickthrower2 4y agoNot really, if they go to zero, then he/she will be in the same situation as most (99.9%) of employees who get no stock.
- thechao 4y agoWe call it the lottery — the last ~5 years we "won"; this year? Maybe not so much.
- quickthrower2 4y ago“We” meaning a subset of “not me”
- snikeris 4y agoThere are ways to mitigate this risk. Talk to a professional.
- robotresearcher 4y agoUnvested stocks are not your wealth. Try not to think of them that way. You own them the same way you own next year's paychecks, i.e. not at all.
- 314 4y agoAs long as you heed standard advice (treat stock as nice to have but value it at zero during wage negotiations) then the impact on your net worth should be minimal :)