iykwimthrowaway

5 ms·

1.
by iykwimthrowaway 8y ago
Basically what would be a 65 at bigco2 (MSFT) Note that options have turned out to be pretty mediocre on average for me. $400k over 9 years at MSFT was a significant chunk of compensation, but they weren't life-changing. It's p
2.
by iykwimthrowaway 8y ago
more data 1990 - 7.50/hr software testing @ bigco1 1992 - $24/hr software testing @ bigco1 1994 - $40/hr developer @ bigco1 1996 - $54k developer @ bigco1 1997 - $58k developer @ bigco2, options-heavy comp (worth
3.
by iykwimthrowaway 11y ago
Yeah, that seems good, but I'm suggesting the plan for "some other form of liquidity" be a little more explicitly stated. I know this isn't what plays well with the HN crowd, but there are other paths to success besides
4.
by iykwimthrowaway 11y ago
I would ask the OP to consider going even further and figuring out a way to facilitate some liquidity so the employees could sell enough to cover their taxes even if they don't do early exercise. You have employees who own shares but n
5.
by iykwimthrowaway 11y ago
Another alternative could be what my company did for me: they gave me special permission to sell some number of my shares to one of their investors, who were always hungry for more shares. This allowed me to exercise all of my options, the
6.
by iykwimthrowaway 12y ago
Raises have of course been requested and granted. My salary isn't really what's at stake here and any raise I could ask for is dwarfed by the potential value of shares sitting on the table that I simply don't know how to get
7.
by iykwimthrowaway 12y ago
> considering yourself a "potential owner" when you're not invited to the meetings where owners decide things means you are very confused about things Well gosh, I don't think there's any need to get nasty about
8.
by iykwimthrowaway 12y ago
I'm very curious about the middle part of this spectrum, since I'm currently in it: I'm an early employee with a significant chunk of options (high single-digit %), and the company is profitable and valued at (to my understan