|
|
|
|
|
by gamblor956
1959 days ago
|
|
It doesn’t really matter if it’s $100b or $50b. You would still make at least $50m as one of the first employees. Unfortunately, that hasn't been true for years. VC firms stopped leaving that money on the table and have been taking those gains in the form of liquidation preferences or stock grants before IPOs that dilute employee shares. Jason Calacanis $25k angel investment in Uber was worth $100m after the ipo. As employee your equity grant would be likely 10x more than that. This is clearly not true; there was no "Uber Mafia" after its IPO. If anything, Uber employees were complaining about how little they saw of the IPO, on HN and reddit. And that was before Uber's stock price dropped like a sinking rock after its IPO. |
|