What happens to equity if company ipo’s before my start date?

Intuit
NotACat8

Go to company page Intuit

NotACat8
May 31, 2021 3 Comments

Hi folks,

I’ve gotten to the final rounds with a few pre-ipo companies.

Question (in title):

1. I was wondering if anyone knows what happens to your package if the company Ipo’s before your start date?

2. Does your equity package increase (if ipo is successful) or does it just RE-calibrate to the company public evaluation?

Thank you so much!

Intuit:
TC: 155k/year
(Base + bonus + equity/4)

#reddit #robinhood #ipo #help

comments

Want to comment? LOG IN or SIGN UP
TOP 3 Comments
  • Lyft
    gh0std0g

    Go to company page Lyft

    gh0std0g
    Your equity package typically is approved by the board during their first meeting after your start date. So you’d likely get either the same number of options or they’d adjust the number of options to have the equivalent market value
    May 31, 2021 2