almost vested 4 years, should I get out?

Reddit dodit
Nov 9 14 Comments

im vested in my current start up reddit nearly 4 years, is it worth making a move?

my theoretical worth at IPO if the comany IPOs with similar giants of its size should be around $2M. ofc who knows what the future holds, fwiw company seems to care and is heavily aligned towards users while ensuring that there is future growth in users and revenue. i also have stock refreshes that could be worth more if i were to stay

my question is, is it time to move on? if so, to what? i am in my very late 20s, likely kids in 3 years, am married.

base: $200k
stock: ?
bonus: none

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TOP 14 Comments
  • Zillow Group gentle
    Diversify.
    Nov 9 3
    • Reddit dodit
      OP
      Warrant buffet says over diversification is a lie. What do you think about that
      Nov 9
    • Microsoft hmrn
      He made the S&P vs hedge fund bet, so maybe "overdiversification" refers to something well over 500
      Nov 9
    • Zillow Group gentle
      Going from all our eggs in one basket to two baskets is not overdiversificaion.
      Nov 9
  • Bloomberg / Eng nunna
    move
    Nov 9 1
    • Reddit dodit
      OP
      Why?
      Nov 9
  • Amazon / Biz Dev
    kglG47

    Amazon Biz Dev

    BIO
    Senior level BD expert. Have seen all sides of the deal.
    kglG47more
    YES! Unless you get a big reup it’s not worth it.
    Nov 9 2
    • Reddit dodit
      OP
      What is a big re up? What does that look like for a pre-ipo company?
      Nov 9
    • Amazon / Biz Dev
      kglG47

      Amazon Biz Dev

      BIO
      Senior level BD expert. Have seen all sides of the deal.
      kglG47more
      All depends. For me I would need at least another $150k worth at my next review (which would then vest in 2 years). If I don’t get it I will start looking for something else.
      Nov 9
  • Facebook liam
    Yes
    Nov 9 1
    • Reddit dodit
      OP
      Why?
      Nov 9
  • Snapchat epzK64
    Careful about exiting pre-ipo if you have options. You’ll most likely need to purchase your options with no way to liquidate the $2M. RSUs are a different story. Talk to your internal stock admin team and your personal attorney and accountant.
    Nov 12 0
  • Google / Eng workinnyc
    What is the similar giant u r referring to? Twitter/snap/Pinterest? If you are talking about Twitter, the way is still long.
    Nov 10 0
  • New / Eng gncaiye
    What's the startup called?
    Nov 9 0

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