Out of 2000 Dropbox employees, how many cleared $1M, $10M and $100M at IPO?
There is a poll in our private Blind channel. Join Dropbox and you will have access :)
Whole new ballgame once you’re public. Good luck.
I’m curious, where did you folks land with the preferred vs common stock? Given the successful IPO did it not matter that you had common stock?
Common stock is the one being traded. It is the same as the public price. I got an offer at Dropbox 3 years ago and the RSUs were priced at $19.50. Their offer also did 85% RSUs and 15% options, but the options had a fairly expensive strike price and would have cost me quite a bit of money to exercise. This means it went up only about 50% over 3 years. In hindsight salesforce stock still went up more and the ESPP turned out better than the DBX options investment-wise. No regrets.
How much worth RSUs were u offered ?
If an average engineer(with 5 yrs exp) joined this company 5 years back, how much approximate would he have made ?
I’m curious too
Less than you think since dropbox got the 10b valuation way back in Jan 2014: https://techcrunch.com/2014/01/17/dropbox-closes-250m-round-at-10b-valuation-wsj-says/ So in 2013 this round of funding was already being worked out, and pay was lower back then since the country was still coming out of a recession. Basically right now it just IPOed at that valuation, which means zero growth in stock value for over 4 years. That is a lot of opportunity cost since stock in any other public tech company grew a shit ton in the last 4.5 years. My bet is that an average engineer who joined FB 5 years back would have come out with a lot more money since FB was like $20 something. Shit even eBay had that PayPal spin-off and if you kept both company’s stocks u made more than 0% in 4.5 years.
The way Dropbox stock is growing, you will see most of the employee close to $10M range after two quarter of results
Due to lock up I’m only asking with the $21 IPO price. There have been a lot of companies with highly volatile post IPO price.
Seriously, will all employees make that much ?