IPO millionaires

Uber
Mouse Man

Go to company page Uber

Mouse Man
Oct 18, 2018 103 Comments

So it seems that less than half the employees become millionaires in terms of vested and unvested stock when a company IPOs (source - another poll happening in the Uber lounge). I'm starting a poll for everyone to see what their experience has been.

The requests are simple:-
- 🍿 if you haven't been through an IPO
- count each of your IPO experiences separately and only vote per the event that got you the max value
- count the vested as well as unvested stock / stock-options you had on the day of IPO
- approximate per your discretion
- do not deduct taxes
- do not add cash to the total

2306 PARTICIPANTS SELECT ONLY ONE ANSWER
VOTE VIEW RESULT

comments

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TOP 103 Comments
  • Facebook
    Bladyblahb

    Go to company page Facebook

    Bladyblahb
    There are other kinds of lucrative exits besides IPOs...
    Oct 18, 2018 14
    • New
      kgb11

      New

      kgb11
      Like whatsapp sold to facebook for $20 fcking billions. Given their small size, each employee would make more compared to most employees at IPO companies.
      Oct 26, 2018
    • Salesforce / Mgmt
      congrats

      Go to company page Salesforce Mgmt

      congrats
      Other ways I’ve made money: an acquisition, the cryptocurrency crazy of 2017
      Oct 31, 2018
  • Uber
    randomint

    Go to company page Uber

    randomint
    I remember reading on my rsu contract that it’s only valid for 5 years. If Uber don’t ipo in 5 years the rsu is expired. So there’s some limits to how much rsu you get for staying long. But anyways a million dollars in Bay Area is really nothing. I have 1.2m nw now and I still feel poor after all the mortgage payments and taxes.
    Oct 18, 2018 9
  • Amazon
    Dr. Savage

    Go to company page Amazon

    Dr. Savage
    There needs to be something that accounts for years worked though.

    1 Mil stock for 20 years of work isn’t as good as 1 Mil stock for 1 year of work.
    Oct 18, 2018 0
  • GitHub
    potashy

    Go to company page GitHub

    potashy
    Made enough to rent a nice one bedroom in SF for a year with get this...a parking space.
    Oct 19, 2018 1
    • New
      DuQvV7x

      New

      DuQvV7x
      No! That’s major FU money, brah
      Oct 19, 2018
  • Uber
    ozGK81

    Go to company page Uber

    ozGK81
    I'm surprised no one is talking about income tax. 1mln in rsu doesn't mean you'll have 1mln when a company ipos. Generally, you lop off 35-40% to pay income taxes. So you really need closer to 2mln to have a 1 mln after ipo.
    Oct 19, 2018 6
    • Visa
      美国人

      Go to company page Visa

      美国人
      Yeah I believe it
      Oct 20, 2018
    • MuleSoft
      mav1014962

      Go to company page MuleSoft

      mav1014962
      We IPO last year and got acquired this year , if you exercised options each year they vested pre-ipo and they were exercised over a year back taxes are 22% net in CA and additional AMT may bring it to 35%.

      Did well IPO made 2.8 mil and acquisition made 1.6 mil and retainer for another year and half vesting like 145k a month so not a bad experience
      Oct 28, 2018