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Interviewed and was given a "huge" offer from them. 50-70% of the comp is non-liquid equity at the valuation of their choosing (ok, technically a 'third party'
by wnolens 2y ago
Interviewed and was given a "huge" offer from them. 50-70% of the comp is non-liquid equity at the valuation of their choosing (ok, technically a 'third party' decides this, but I call partial shenanigans and it fluctuates wildly anyway such that a ton of their employees hired a few years ago at a ridiculous valuation are getting shafted - check blind)
- RandomCitizen12 2y agoIt looks like they will IPO at some point, so that valuation issue should go away.
- wnolens 2y agoI look forward to watching the chips fall. I accepted an offer elsewhere for less money on paper and more in my bank account and I think I made a great decision. Not to mention the Stubhub culture, which upon interviewing them, I felt was toxic.
- vineyardlabs 2y agoThis really means very little though. Every private startup will tell you they’re 2 years out from IPO if you interview. And it’s common for employee equity to get massively diluted on the path to acquisition/IPO.