to preface: I know embarrassingly little about how IPOs work and how pre-IPO companies compensate their employees. I've only ever worked for a post-IPO Google, and RSUs have been a regular form of my TC ever since I first joined a few years ago. I've never had stock options and I only know basics about them. I've also never really researched this IPO stuff, and I know I ought to. but in the meantime, I'd love to hear from more knowledgeable people on here.
the situation: I'll soon be interviewing with Pinterest, which I know has not yet had its IPO. however, according to the news, Pinterest has confidentially filed for IPO as of February.
question 1: could someone explain whether I'm too "late to the party" to really benefit from joining Pinterest pre-IPO?
question 2: are there specific things I should know about if/when I'm negotiating my offer package?
I have an uninformed arbitrary suspicion that confidentially filing for an IPO might require Pinterest to freeze giving out generous stock packages to subsequent hires? can anyone comment on this?
also, if anyone has wisdom to share about pre-IPO companies and joining at different stages of pre-IPO, as well as the current impressions that the tech industry has about specifically joining Pinterest right now, I'd love to hear it. thank you!
TC 320K
Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Travel
Health Care & Insurance
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
comments
Q 2) when you get an offer ask yourself: would i still accept this offer if the stock took a 30% hit. If not, don't accept.
You will get RSUs at this point, the last options were granted at 2014.
Employee stocks are issued from a large pool of stocks that gets allocated periodically. So the ipo doesn't "freeze" anything per se.