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Yeah. Same thing goes about stock options. Not just in large companies. A lot of startups are having much lower internal evaluations. My example: I joined my
by ardit33 18y ago
Yeah. Same thing goes about stock options. Not just in large companies. A lot of startups are having much lower internal evaluations.
My example: I joined my previous company and got stock options priced at 4.15, and when I left the company they were worth only 2.99.
Company makes more, but it is just achross the board they are valued less right now (similiar sized companies are used as benchmarks).
So, if you join now, you can get your stock options for less. As for me? I am going to exercise only about 100 of them, just as a souvenir.
Moral of the story: If you want to be rich, start your own damn company. Few people (except google, yahoo, youtube), made really good money from being an employee.