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Nybble
Jun 28, 2008

praise chuck, raise heck
Even if you do manage to be in a company that exits / IPOs, your options can still be worth very little! I went from looking at an entire house the first day of the IPO, to a nice down payment a few days later, to barely a car by the time I was laid off 7 months later. I was fortunate the options weren’t underwater like they had been at times during the six month lockup.

That was 4 years of options/RSUs, so annualized it was about $7k pre tax a year. Not nothing, but not the rocket ship either. I would have made more on one of the secondary sales - the private valuation did not survive contact with the public.

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