2019 unicorn, what should I do when selling

Google plznobear
Dec 25, 2018 10 Comments

I have ~1.5 million in equity with one of the companies that will ipo in 2019.

My plan is to sell everything averaged over a couple of months and buy target date funds. What should I keep in mind when doing this?

Also, I have since moved from CA to an even higher income tax city. Is it worth moving to Seattle for the no income tax?

Am I still in diy territory or do I need professional help? What type of help?

Anything else I should know?

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TOP 10 Comments
  • Uber kisht
    You should hire a tax advisor.
    Dec 25, 2018 0
  • Google / Other
    snidely

    Google Other

    BIO
    Flagged by the community
    snidelymore
    Hookers and blow, my friend. Hookers and blow.
    Dec 25, 2018 0
  • Vertivco / Eng
    FastPapuan

    Vertivco Eng

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    FastPapuanmore
    Where the hell did you move to that is taxed even higher than CA? New York? Honolulu? Caracas? Trondheim? Paris?
    Dec 25, 2018 0
  • By the time it hits IPO, it might worth probably half of that 1.5M so plan accordingly.
    Dec 25, 2018 3
    • Snapchat FapChat
      You mean lockup
      Dec 25, 2018
    • You don’t need the full lockup period for the share to drop 50%
      Dec 25, 2018
    • Snapchat FapChat
      Ahahah. Actually that’s a good point!!
      Dec 25, 2018
  • Yahoo Rabid Bi
    Will that 1.5 instantly vest? Sometimes they are spread across 4 years, so this year you may only get 150k, and it increases annually.
    Dec 25, 2018 0
  • LinkedIn Zeiwkf5
    “Will IPO in XYZ”. I wouldn’t be so certain.
    Dec 25, 2018 0
  • Square
    Thank yoÿ

    Square

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    Facebook, Google
    Thank yoÿmore
    It depends on the type of equity instrument you hold. ISO vs NQSO vs RSU etc
    Dec 25, 2018 0

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