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Reply to "Job isn’t as lucrative as other jobs, golden handcuffs. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What is the vesting schedule for the options and what would be the cost to exercise them? What is the likelihood that there will be a liquidity event (sale of company or IPO) in the next couple years? Given what has happened in the markets over the past 4-6 months, what is the likelihood that the value of the options has gone down? What would the difference be in terms of lifestyle/stability to your family if your day to day cash flow was based on a $500k salary vs. the current? Is less money now worth more to you than future upside? You need to discuss all of these questions and see if you and your spouse agree on the answers and on what that means in terms of staying/finding something different.[/quote] It’s 4 years but an automatic single trigger and will vest if it gets acquired. The cost of the options is around $800k. There is a good chance but of course there is no guarantee. They had several offers already. It’s the valuation as of this month, they are currently in a round of fundraising and it didn’t go down in the economy, the valuation went up because they have been revenue producing. The main issue is the lifestyle day to day. It’s a huge difference in our lifestyle especially with children in the picture. The difference in the salary difference is all the extras we would enjoy like travel, renovations, etc. [/quote] Holy 4M! I will take 2M, thank you.[/quote]
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