Reply to Forget about 6 figures, how did you made your first 7 figures?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Employee at a tech startup that was sold, and then stayed on for more stock and incentive bonuses.  I think we grossed around 7.5 m one year and then 1.5 m another.  But now we're back to a poor-by-DCUM $200k HHI at a new tech startup/my regular salary job.  [/quote]

Were you an early employee or C level exec? When I have job offers at tech startups (like employee 50) I get very fuzzy RSU stipend (don't know % of company), and they hand wave that if company does well I should be worth $1M. But I have no insider knowledge of valuation or percentage -- just a #### of RSU without the denomination of shares outstanding.

My impression was that unless you are startup insider not just an early employee for most startups you can be diluted or have shares clawed back and don't get as big bonanzas as you describe. Can you elaborate?[/quote]

I'm sorry, I'm the spouse who didn't work at the startup and I don't know these very important details :(
The big payout was in the year after they were acquired.  And it was a combo of stock grant in the new company plus incentive payment tied to company performance.  The incentive payment generated the majority of the $.
Honestly I was very skeptical and tried to get DH to see a compensation expert to make sure these founders weren't screwing him over.  Luckily they weren't.  DH was  not C-suite, but the company was always small.  Under 40 employees at its peak I believe.[/quote]

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