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Yeah but again, if you have those options that usually are worthless, I will still buy them off of you because I understand that something that has a lifetime v
by georgeecollins 3y ago
Yeah but again, if you have those options that usually are worthless, I will still buy them off of you because I understand that something that has a lifetime value between 0 and X is not valued at 0.
Anecdotally, I have worked at companies that had ESOPs (does anyone do that anymore?), options in public companies, stock in a private start up and RSUs. Often they were worthless but at the end of the day they were also worth more than all the salary I got. You can't assume an option will be worth anything, but I think you should take them.
- scarface_74 3y agoBut I could basically assume that my four year initial stock grant would be worth something when they vested and I knew I could sell them on the day they vested and diversify. The longer you work at a private company with illiquid “equity”, the less diversified you are, waiting, hoping and praying that an exit event would happen and you aren’t able to sell when you need cash.