3 ms·
For anyone that has been there anywhere near a decade, there's been opportunities to cash out partially, at very good valuations. You'll see that a vast majorit
by throw3823423 4y ago
For anyone that has been there anywhere near a decade, there's been opportunities to cash out partially, at very good valuations. You'll see that a vast majority of early employees have departed, and they didn't do that by giving away their early options, or getting crushed by AMT by exercising without liquidity.
While it might have been nicer to IPO by now, early employees are doing extremely well.
- tempsy 4y agosure that’s true of most unicorns. early employees are a tiny fraction of the workforce waiting to cash out.
- mywittyname 4y agoHow generous were these cashouts? I've seen order of $1MM caps on early cashouts, but I have no idea if that's the norm or not.