I worked at one of these high growth companies that’s stock did extremely well during Covid.
I joined about 4 months ago and the price was already down 50% from all time high. I was thinking my RSUs would moon once the stock came back up. Whelp, it’s dropped another 50% since I’ve joined. My 50k/year in RSUs is worth less than 25k now.
There’s a ton of companies in this same situation (Peloton etc).
Should I just ride it out or jump ship?
TC: 210 + 20k RSU
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comments
Obviously I'm biased, but if they can't even make a profit on renter's and pet insurance, how the fuck do they expect to succeed in the much more competitive auto market? They're about to dig themselves a big ol hole of losses IMO
If you name the company people can tell whether it's good to stay or not
And yes leaving now to another stock that's down, and has potential upside would be good decision.
But OP is an a$$ hole, replied to one comment down somewhere but never to this speculation of the people!!!
Its like a type ahead you do on google, where you get suggestions on what you want to search but the final decision is with you.
Writing code is complex, writing logic is even harder and then building large scale system off all these small components takes huge effort, this tool is merely an assitant and even a bad one at that!
You are repeteadly making a fool of yourself, I am pretty sure you are not what you claim to be. I have realised you are just a dumb person claiming to have smarts and my time is just wasted here coaching you, I am not getting paid for it and hence am not going to educate you.
If you believe in your theory good for you, it doesnt concern me at all. One day you will meet a dev like me who will shatter your belief system.