My AppDynamics offer
First, congrats for all AppDynamics folks! I just want you to give an idea of "what if I joined APPD before the IPO"? I got an offer from APPD a year ago for a staff engineer. The base was 170-ish. The RSU was 14,000. I remember the preferred price was around $12 or so. Given the Cisco's purchase at $26/share, the RSU would be $360K over 4 years. I ended up joining FB with $400k RSU at that time and currently 30% up.
Hmm so maybe appdynamics employees aren't all making bank 🤔
thanks , so it's not always worth joining a pre ipo
Sounds about right. I have friends whose offers were similar around 2013. They are not definitely making millions.
Do these companies give out refreshers ? Or is it the initial grant only ?
APPD offer letter says I was eligible to receive annual bonus including additional stocks. They say some target number. The same with the Uber offer. But my twitter friend who joined just before the IPO didn't receive any refreshers.
well, we do get annual bonuses in rsus if that's the question.
Would you mind sharing your level at FB OP?
Thanks for sharing this info.Very useful.
Is this not common knowledge? On the rare occasion a start up doesn't fail only the investors and founders are paid out. If post ipo stock appreciation is significant enough them employees can luck out but always on a smaller scale.
I wish my friends read this so that they would friggin stop congratulating me coz I'm laughably/embarrassingly far away from being a millionaire.
Thanks for this useful information, appreciate it
You made the right call. What would have your employee number been?
I have no idea. Already there was 1000 employees a year ago.