l2c1928

3 ms·

1.
by l2c1928 7y ago
Convinced media-bias is the only reason why anyone could be "long $LYFT." They are a text-book "one trick pony" and too late for them to catch up in food delivery, international expansion, etc.
2.
by l2c1928 7y ago
I'm having a hard time thinking of ISAs as much more than a ridiculously high interest loan, especially for those who are self-motivated have a high probability of landing a job after doing X course. E.g. Lambda school is $20k if you p
3.
by l2c1928 7y ago
I never said how many years ago I joined...by a "few years" I meant 5. I said I sold some shares via a tender offer, which are company sponsored, and last year was the first time I was offered that opportunity. Companies can'
4.
by l2c1928 7y ago
There's a myth that you can't realize gains if a company doesn't IPO...I've already sold some shares in a tender offer. There is an active secondary market for shares if I chose to sell more. Not sure what your point is
5.
by l2c1928 7y ago
Late stage private startups almost always grant RSUs. If they didn't it would be way too risky for most people to join because the cost to exercise would be very high.
6.
by l2c1928 7y ago
My point is that there are ways to manage risk as an employee, such as early exercising assuming you are joining an early stage startup where the cost is low enough. I would've been screwed if I didn't early exercise.
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by l2c1928 7y ago
I paid long term capital gains after selling a portion of my private stock via a tender offer last year.
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by l2c1928 7y ago
It's bad for most people, but when it's good it's really good. I was lucky to join a now unicorn as one of the first few dozen employees a few years ago. I forward exercised with a few thousand out of pocket (section 83b) an