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Life is all luck. There is nothing else.
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Take relocation severance or wait until rsu vest?
There is buzz in the tech industry and venture capital firms that the valuation has dropped 40% from 9.2B to 5.5B New strike price is now $4 vs $6.66 If your strike price is higher I would talk to your manager to put pressure on management to be upfront with this information. #tech #tripactions #navan
More details please. I was thinking of exercising my options.
Where do you see this?
Please share for those ex employees who exercised and now are upside down….. fml
Carta does not show $4 for FMV.
$6.66
6.66 is also a sign 👿
I’m so glad that I saw this shit coming a mile away and didn’t exercised any options 🙃 just sad that so many people worked so hard to make this company successful and how disgracefully they’ve been let go or even driven to resignation. Karma’s a b**ch
Let's see how this post ages in a couple of years 🙃
Eventually, toxicity catches up with you. Company was on an amazing trajectory, but made big bets on bad leaders and let good leaders walk or pushed them away, tinkering with the UI over and over again vs. investing in real differentiated product work. A sad cautionary tale at $9B, let alone $5.5. This company could’ve been so much more. What a waste of the effort of the enormously talented and energized people who passed through there.
RAMP, are you folks hiring? Refer me please. I want to defect from this hellhole.
Depends on the position, but yes. Still growing fast!
A wild MG makes an appearance! Speaking of bloated valuations… Ramp
All of these companies are long overdue for a valuation correction.
What's a MG?
What happens if you don’t exercise your vested options and then leave the company. Do you get to keep them and five years later, if the company is some super star, exercise them. Or do you have to surrender or exercise your options within some days of leaving
You surrender if you don’t buy in X time
90 days
Source of credibility?
"There is buzz" definitely sounds sounds solid. There was also buzz that the valuation was crazy high at 9B. There is always buzz.