How much money did I leave on the table at Doordash
About 2.5 years ago I had an offer from Doordash. It was worth 6000 shares at 23.5$ per share and $7 strike price. Doordash was valued 970 million and now its valued at 12.6 billion. I’m wondering how much money would I be making now if I’d been at Doordash. I’ve heard it’s not a standard split of shares * price * valuation ratio since there were dilution rounds so I’m wondering how much it’d be with dilution now
Is DoorDash public? No? Then you left $0 on the table.
$1.7M today. Paper money. How much did you make in FB in last 2.5 yrs?
Ouch OP, Ouch. You left a nice house and then some on the table. Or like a dozen fully loaded Model X’s. What do u drive now? Or like 2 income generating houses that could generate 6-7k per month.
Lol not that much. I have maybe 220k in savings from fb
If it’s not public. Nada!!!
It's all paper money. You'll likely get diluted as well.
I bet you even if they go ipo, the stock price would drop so much by the timr you are able to sell them.
In 2.5 years you would be 62.5% vested. That’s around 3750 shares at 23.5 which comes around 90k. Let’s say 10 times bump 900k. After taxes 540k minus strike price of 7. Rough calculation around 500k on paper. Not considering all dilution and other events. Don’t worry about past be happy and enjoy fb exp and rsu
If op holds exercises and holds for more than a year then long term would apply. Who knows what would be stock valued at when op wants to sell after a year. And then amt plus long term would come in play. Even then op would be making more if stock goes up in long run. Or else at this rate this is what op would make
If stock goes down than $23 op would be paying hell lot more out of pocket for amt. amt alone what bankrupted people in y2k.
U dodged a bullet :)
OP - If this makes you feel better, you left the entire table, not just money on the table.
Stop living in the past. It will only give you pain. 😢
Want to learn from the past not live in it. Might inform future decisions as to whether startups are worth joining
well the thing is it could have gone both ways. Some startups make you millionaires, others leave you broke. If you can take the risk, startups are mostly worth joining. If not money, you’ll still get a lot of experience.