3 ms·
The strategy being looking for pre-IPO companies that plan to IPO within 1 to 2 years. Targeting these types of companies allows you to get market compensation
by jyu 12y ago
The strategy being looking for pre-IPO companies that plan to IPO within 1 to 2 years. Targeting these types of companies allows you to get market compensation with quite reasonable upside potential and seems a lot better risk/reward profile than joining a "real" startup.
- employee_equity 12y agoThe main question to me is how generous the company is with its grants. I feel like mine was very generous pre-IPO, as they pursued a retention strategy (not wanting the typical exodus of folks when the lock up expires). However, if a company is not generous, it's likely not a viable strategy. My strong belief is that you should go work somewhere that you enjoy the work, the people and you feel like you are being compensated appropriately. Getting "rich" is pretty much pure "luck", IMO.