So just to get some sense how startups helps u and at what stage so everyone of us can collectively learn,
Based on my knowledge anyone who joined Uber before dec 2014 (when they had another funding round) the possible RSU price then was 4-5usd/sh.
Assuming someone working in tech joined them as software or product manager then they could have got 300k/4 yr stock comp min.
That means at $5/sh they wud have got 60k shares/4 yr.
If you stay until 2019 that means most folks who join before dec 2014 would have 50-60k shares and total stock value after lockup around $1.8MM pre tax.
Is this the right understanding? What about those who joined after 2014?
In Jun 2014 Uber was valued at $17B. In Dec 2014 it went up to $40B.
So it shows anyone who joined before Dec 2014 would have got stocks at under 5-6 usd/sh.
Thank You. Don’t have to mention ur exact numbers but if folks at Uber/Lyft can help all of us understand the numbers around this, it helps all of us to understand the right time to join startups in Valley going forward.
Anyways, let’s assume some one with orange badge joining Amazon. It’s 2014 they get 200k in stock which is $300/ share. It’s 667 stocks. Now this stock is $1.2M.
Let’s imagine red badge. They joined at $130/share. 200k worth of RSUs is 1540 shares. In today’s money it’s $2.8M.
And I didn’t count base, signups or stocks grants after first 4 years.