I turned down an offer from Slack last year.

Dropbox / Eng xQFz58
Jun 20 29 Comments

I think my offer was based on $6 billion valuation, and now it’s at $16 billion. My TC would’ve been $450k. Who else f’d up and missed out on opportunities like this?

Edit: it’s now trading at a frothy $30 billion, so that would’ve been like $600k TC. It’s crazy how much tech TC is luck (or stock picking skill if you believe that exists)

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TOP 29 Comments
  • Google KissMyPiss
    I bought a $2 Powerball ticket a while back and lost. I could have had $450M+ had I chosen the right numbers.
    Jun 20 3
    • Apple Hansel2
      As an analogy, that’s terrible - I hope you can figure out why.
      Jun 20
    • Slalom Consulting StankyFeet
      Uhh..more like you had 1/2 of all the powerball tickets and none of them were the winning combo.
      Jun 20
    • Google Mr. Glass
      This guy is a disgrace to the analytical skills of Googlers.
      Jun 21
  • This comment was deleted by original commenter.

    • Google Mr. Glass
      Stop being jealous
      Jun 20
    • Google Mr. Glass
      You can guess his TC. Use logic.
      His TC would be 450k at Slack being 16B.
      Which means he turned down the offer when slack was 6B for something slightly comparable at Amazon. Probably 250-300k by my estimation
      Jun 20
    • Airbnb / Eng why-though
      Stfu Google
      Jun 20
  • Amazon / Eng
    DontTazeMe

    Amazon Eng

    PRE
    Electronic Arts (EA)
    DontTazeMemore
    Dont sweat it. You made the best decision you could based on the information you have. Goal in life is to stay happy and I'm sure you've done ok at dropbox. I say from experience because I left a startup that exited 18 months after I quit and I lost 100k's worth of cash had I stuck around.
    Jun 20 0
  • Facebook Myhsh
    You still have chance...join Albertsons
    Jun 20 1
    • Microsoft
      dolt

      Microsoft

      PRE
      Facebook, Amazon, Google
      doltmore
      Sounds like OP makes poor decisions. I doubt Albertsons would even call them back.
      Jun 20
  • Rackspace @!hjk$
    I turned down putting 5k in Bitcoin at $10 a coin. Go figure.
    Jun 20 2
    • Nvidia ethereum2k
      *hugs* there is still time, but you know this
      Jun 20
    • Google Mr. Glass
      HODL!!!
      Jun 21
  • Nvidia ethereum2k
    Be proud for not contributing to the distraction economy.
    Jun 20 4
    • Google Mr. Glass
      Or he could’ve joined to fix it. Perspective.
      Jun 21
    • Nvidia litecoin1k
      Näiveity at it's best
      Jun 21
    • Google Mr. Glass
      ... and betting on ethereum = 2k is not naivety? 😂
      Jun 21
    • Nvidia litecoin1k
      Yeah not like it happened before 🙄
      Jun 21
  • Google rafaNadal
    Bro hindsight is always 20/20

    Life rewards you based on the risks you take. Sometimes they pay well. Sometimes they don’t. In your case you didn’t take the risk. No point feeling bad about it now.
    Jun 20 0
  • Dropbox / Eng xQFz58
    OP
    Wow stock just doubled again, it’s apparently a $30 billion company now, wtf is going on with IPOs? As crazy as Zoom.
    Jun 20 1
  • TransferWise vpGV11
    This evaluation is part of the whole IPO bubble. Question is if you could cash out before they all crash.
    Jun 20 1
    • Cadence / Product
      BayBabe

      Cadence Product

      BIO
      .
      BayBabemore
      Its direct listing.. you can cash out from 1st minute
      Jun 20
  • Palo Alto Networks wastelife
    Slack is not profitable. You made a right decision. It might go up after going to public. But eventually its a looser
    Jun 20 1
    • Google Mr. Glass
      It jumped in value after going public
      Jun 21
  • Facebook / Eng nidne
    I missed a Square offer. Left square when it was trading around $20.. Had I stayed I would be making $1M per year now..
    Jun 20 1
  • Salesforce gooseberry
    I turned down Lyft back in the day. Shitty it is.
    Jun 20 1
    • Microsoft yesterda
      Same here - though I still think everything happens for a reason and I am actually happy
      Jul 4