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Are you saying you only get 10-15% of the proceeds of YOUR vested stock? So if I have 1% of a $100m company, my shares would only get me $100k, not $1m? Can you
by pedalpete 12y ago
Are you saying you only get 10-15% of the proceeds of YOUR vested stock? So if I have 1% of a $100m company, my shares would only get me $100k, not $1m? Can you explain or link to a source of more information?
- throwaway7808 12y agoIf you have 1%, most likely you are an early employee. There's a formula: VCs and founders get reach, early employees get screwed and employees get their market salaries.
- rhc2104 12y agoPetalpete - the comment above refers to pre-ipo sales of employee stock. A bunch of private companies that hit billion dollar valuations let employees sell some of their shares. That person is claiming that those sales allow employees to sell 10-15% of their vested stock. Of course, if they do that, they still keep the other 85-90%.
- thecage411 12y agoThis is exactly what I meant, thanks for filling in the details.