For most employees this is a liquidation event. There are very few true winners who made money that would could upgrade their life.
Ok. How much an average 5 year old employee would be making at current price? I guess there is a lock period?
Lock out period is standard as any other IPO. 6 months. It would depend on the level of the employee and how good their refreshers were and a lot of other factors. It's a hard question to answer but I can assure you that it in most cases it is not going to be life changing money. You could make the same money at any faang company.
Tbh the price rn is about the same as the secondary market valuation back in 2021, so not a huge cash out for most ppl