[ctvo]

> Chatted with some early-stage-then-IPO-ed engineers yesterday, I asked "aren't your company IPO-ed and you should have retired?", the answer is, after multiple dilutions in rounds of fund raises, his options ended up worth just a few thousands, not useful at all.

Assuming series a engineering role, .30 - .50%, even after dilution, for an IPO'd company, we're assuming 1BN+, to walk away with a "few thousands" is hard to calculate.

A few hundred thousands is more likely (taxes) and even that isn't a worthwhile trade-off for most folks. It'd need to be in the millions to make it more attractive than big tech at the moment.