Planning on leaving my current job at MarkLogic in few weeks but confused if I should buy my stock options or not. Could b a good decision if it goes public but then at the same time I am not sure of their position in market. Anyone got any suggestion/advice ?
Details ...how many stocks...current price... Your price?
I would buy it and sell it later. I think the Companies are having good IPO this year and if we go by the trend I think MarkLogic will go IPO next year, considering MongoDB already had IPO.
Have you tried exercising your options and read the audited accounts?
Talk to ESO Fund. They may offer a non recourse loan (I.e. not your money) to exercise options and pay your AMT in exchange for a cut of your profits after a liquidation event.
Thanks for your input. I will look up on what’s the procedure they follow but do you know what happens if the company never actually goes public ?? What happens to the loan money then?
It is non recourse so either there is liquidity (IPO) and they get paid, or the company goes under and they don't come after you for the loan. The cut they take is significant to compensate themselves for the risk.