Reply to Job isn’t as lucrative as other jobs, golden handcuffs.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, with all due respect, you and your DH have no sight line into whether these options are going to be worth money or not.

What industry is he in?

You don't know if mgt is negotiating a down round (maybe unlikely but point is, you don't know), you don't know the dilution involved, you don't know how much the other offers were for, etc.  There is a lot you just don't know.

That said, if your DH is in tech sales, and he's pretty confident of a positive liquidity event, you can always take a loan against his vested shares.  He can also sell his vested shares in the secondary market.

If you tell me the name of the company, assuming it is tech, I can give you the inside baseball on what industry insiders are saying about the company.  I've been in this industry for 20+ years and I've seen more people end up with "car money" than "2 comma" money.  It really depends on your mgt team.  [/quote]

Yeah hacker news goes on and on that basically unless you are the founder or Vc, most people don’t make much money from startups. For a new hire at a B round fundraising having options worth $4M, that is a astronomical valuation and I’m kinda wondering if they are blowing smoke.

Options should be considered lottery tickets; are the worth $600k or so less cash on hand?  Because  they aren’t going public anytime soon, and that’s at least how much you are forgoing. [/quote]

OP here. It depends. We went through an acquisition at DH’s precious company. He was there for 2 years and his equity percentile was about 6-7 percent of what he has now in terms of percentage of total
options. Both are under 1% total. He walked with several hundred thousand. So I see what you’re saying but his last company was definitely not a unicorn. In fact it sold for much less than was expected. He was not a senior level employee. [/quote]

Sorry 16-17 percent.. not sure of exact numbers but much less and strike price was significantly higher. [/quote]

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