2 ms·

If you are an L4 (basically starting at OAI), the median PPU package is $315k [0] and that's valued from the last tender offer round. So that means an exit of ~

• almost_usual 3y ago
  Good payout but ~40% going to taxes. A nice down payment for a house in the Bay Area.
• jasonjmcghee 3y ago
  That's assuming employees are allowed to sell 100% of shares. Often tender offers have a cap - e.g. 10%. Not saying that's the case here, just mentioning it might be much less than you think. That being said, it's hard for me to believe many employees don't have 10x the amount you mentioned, and will be able to get ~1m worth for 10% of their shares. I could be 100% wrong on both fronts - but it's my 2 cents
  • whimsicalism 3y ago
    I just learned that there is 2 year lock-in, but otherwise I think it is unrestricted.