How much does employee #38 make from his/her vested equity these days? I understand this is a very nosy question, but nonetheless having one more datapoint on the financial outcome from an early employee in a company that exited at ~$1B would be valuable. It truly couldn’t get better than that (assuming the funds were raised at ok-ish terms), so I assume your number must be in the multiple 7 figures at least!
Using a throwaway for obv. reasons. I'm employee lower thirties in a company that recently went public with a similar valuation. Unlike gp, I am still with this company, and really like it there.
Ignoring taxes, vested comes in at about 1 mill. I'll pay about half that in taxes. I have a few hundred k in unvested from subsequent awards.
I've hit the start up lotto, but I will not likely pocket 7 figures from equity for a long while, assuming continual equity awards. Well, if the stock does really well, I could pocket 1M, but it needs to go up quite a bit. Honestly, I would likely have made more over these many years in aggregate at a FAANG. But I've enjoyed myself and still look forward to work every day.
I'm blessed and lucky. But the startup lotto is not as good as you might think. Never count equity in a start up. Go for the salary.
Ignoring taxes, vested comes in at about 1 mill. I'll pay about half that in taxes. I have a few hundred k in unvested from subsequent awards.
I've hit the start up lotto, but I will not likely pocket 7 figures from equity for a long while, assuming continual equity awards. Well, if the stock does really well, I could pocket 1M, but it needs to go up quite a bit. Honestly, I would likely have made more over these many years in aggregate at a FAANG. But I've enjoyed myself and still look forward to work every day.
I'm blessed and lucky. But the startup lotto is not as good as you might think. Never count equity in a start up. Go for the salary.