StartupsAug 3, 2020
Lending ClubOjIk36
lucid motors offer
what potential do you guys see in this company to go big? they do not offer great salary but iβd say decent. do you think its a good time to join the company and get options at a decent strike price? #offer #equity
Congrats on the offer. I interviewed with them about a year ago and wasn't as successful as you. They claim to be building a luxury electric car (ie along the lines of BMW/Mercedes). They believe Tesla is not their competition (whatever). They do have tons of cash thanks to Saudi Arabia and their factory has started production (I think). CEO has the right background. It's a little late to join if you're hoping to make many of the stock options. I cannot imagine the strike price is that great.
What was the offer value?
Trump will push them out.