[todd3834]

I worked at a unicorn startup for about 1.5 years. It started to become clear to me that I probably wasn’t going to make a comparable income to what I was making before in a public company so I left. I exercised my shares. A year later they went public through a SPAC. the shares got a hair cut through the SPAC ratio. Total comp was still really bad but shares were locked up for 6 months or so (maybe longer I don’t remember). I couldn’t sell them and now that I can the total value is under $4,000. I paid over $1k exercising them which felt like an insane bargain.

Maybe it will work out better for some of you though. I feel like if you are not extremely passionate about a startup and you are not one of the original founders… great place to learn and build your career but don’t think it will make you rich