posting in behalf of my friend. My friend recieved a offer from rivian with 50 stock options. can anyone tell me how are the options priced at rivian currently
Pretty sure very few people know how much they’re priced currently. Your friend’s offer letter should have a chart showing how much exercising the options will net at different hypothetical fair market values
How’s the compensation at Rivian? Typically an engineer can expect how many options as part of their offer? 50 sounds abysmally low
I’m happy with my compensation. It was more than what Qualcomm offered me, but not as much as big tech like Amazon would offer. I’m entry level so was offered 50 options. My recruiter said the range for my position was 25-50. There’s a post on blind from a few months ago where someone got a manager or sr. manager offer with 170 options.
Investor.com has an article from Feb 2019 that predicts they will ipo at $45/share. I can tell you that’s higher than Rivian’s internal projection of starting price. 50 stock units is nothing.
There was recently a 50:1 stock split so now the 50 stock options is 2500. Also don’t believe some random article from a year ago lol
50 is better than nothing, especially if you have done nothing yet
The vesting price is $4-5 for people who joined before any major investment .. based on that the exercise price would be at least 3 times that.
Hi, I am new and want understand the options, when you 50 stock options you get, mean 50 x100 shares, as in share mkt 1 option contains 100 shares and I am not sure, is it 5000 share or just 50 shares you get.
Yo stock options from startup is not same as stock market options
They must be priced very high then. Everyone at BYTON got almost 20,000 stock options
Are those 20,000 worth anything ?
Not yet, and unfortunately never will be