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by honestfeedback 4115 days ago
I spent ~3 years at Twitter (2010-2013) as an engineer and manager. Made a competitive salary while there. Left with almost $2m in equity (ISOs + RSUs).

I sold the bulk of my position quickly due to serious concerns about tying the bulk of my net worth to a single company's future.

After strike price, AMT, and income tax I ended up with roughly $1m in cash. Probably could have been closer to $1.2m if I knew what I was doing tax-wise.

Not a reproducible pattern to be sure, but it was a nice outcome.

2 comments

Stories like this one make me feel foolish. I recall not applying to Twitter in 2008 partly because I thought that they were already too successful and famous for the equity to be worth much. Clearly, I was mistaken. (It is a small comfort that I probably would not have received an offer anyway, due to my skills and experience level not being a great match for the open positions that they had at that time.)
Hindsight is 20/20. I thought I had missed the boat in 2007 when Facebook was valued at $500 million. "Clearly they couldn't go much higher than that!" I thought.

I have a friend who got an offer from a startup in 2011 w/ 0.15% equity. He didn't take the offer. The company was WhatsApp and his equity would have been worth $27 million.

Go work at Uber :P
According to their angel.co page, they are not offering equity: https://angel.co/uber/jobs/
I don't know if they're offering equity at the moment but they were offering it to engineers 18 months ago.
Why did you leave?
My reasons for leaving were 100% personal. Financially I would have been much, much better off staying for at least another 2-3 years.
When you say personal do you mean unrelated to your work?