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As a wide-eyed engineer who absolutely should have the knowledge you're talking about but doesn't. Any good comprehensive resources? Random googling never give

As a wide-eyed engineer who absolutely should have the knowledge you're talking about but doesn't. Any good comprehensive resources? Random googling never gives me confidence I'm getting the right information when it comes to money, nutrition, and health.

prostoalex 4y ago
The book I’ve seen recommended is “Consider your options” https://www.goodreads.com/book/show/1635049.Consider_Your_Options https://www.goodreads.com/book/show/1635049.Consider_Your_Op...
bcbrown 4y ago
Learn the vocabulary. Look up things like 409a valuations, 83b elections, NSO and ISO stock options, the difference between long-term and short-term capital gains, strike price vs exercise price (plus how and when taxes on options are triggered and calculated), marginal tax rate vs effective tax rate. Probably also worthwhile to learn the basics of corporate finance, like annual recurring revenue (ARR), costs of goods sold (COGS), customer acquisition costs (CAC), differences between cashflow and profit, EBITDA (plus what each of those words mean), capital expenditure (capex) vs operational expenditure (opex). If you understand the vocabulary, it's a lot easier to evaluate whether a given source is authoritative or not. Sign up for Matt Levine's newsletter. He's perhaps starting to be a little overexposed on HN, but he's informative and humorous, and his newsletter is a good way to get a little exposure to finance every day. It's not not startup-equity specific, but check out Bogleheads for generic investing advice.
pretext 4y ago
What I Wish I'd Known About Equity Before Joining A Unicorn: https://gist.github.com/yossorion/4965df74fd6da6cdc280ec57e83a202d https://gist.github.com/yossorion/4965df74fd6da6cdc280ec57e8... TLDR Stock Options: https://equity.ltse.com/calculators/tldr-stock-options https://equity.ltse.com/calculators/tldr-stock-options

prostoalex 4y ago

The book I’ve seen recommended is “Consider your options” https://www.goodreads.com/book/show/1635049.Consider_Your_Options https://www.goodreads.com/book/show/1635049.Consider_Your_Op...

bcbrown 4y ago

Learn the vocabulary. Look up things like 409a valuations, 83b elections, NSO and ISO stock options, the difference between long-term and short-term capital gains, strike price vs exercise price (plus how and when taxes on options are triggered and calculated), marginal tax rate vs effective tax rate. Probably also worthwhile to learn the basics of corporate finance, like annual recurring revenue (ARR), costs of goods sold (COGS), customer acquisition costs (CAC), differences between cashflow and profit, EBITDA (plus what each of those words mean), capital expenditure (capex) vs operational expenditure (opex). If you understand the vocabulary, it's a lot easier to evaluate whether a given source is authoritative or not. Sign up for Matt Levine's newsletter. He's perhaps starting to be a little overexposed on HN, but he's informative and humorous, and his newsletter is a good way to get a little exposure to finance every day. It's not not startup-equity specific, but check out Bogleheads for generic investing advice.

pretext 4y ago

What I Wish I'd Known About Equity Before Joining A Unicorn: https://gist.github.com/yossorion/4965df74fd6da6cdc280ec57e83a202d https://gist.github.com/yossorion/4965df74fd6da6cdc280ec57e8... TLDR Stock Options: https://equity.ltse.com/calculators/tldr-stock-options https://equity.ltse.com/calculators/tldr-stock-options