That’s awesome, but it’s nothing like others received early on. Good luck with

Sign up, and you can customize which countdowns you see. Sign up

Report problem with this ad

Jan 11, 2022
10:49:47am

The_Cuss Truly Addicted User

That’s awesome, but it’s nothing like others received early on. Good luck with

the IPO. Hopefully it goes to the moon!

Report problem with this ad

The_Cuss

New username: Atmospheric_Cougar
Bio page: The_Cuss
Joined: Aug 23, 2016
Last login: Mar 21, 2023
Total posts: 0 (0 FO)

Report problem with this ad

Messages

Author

Time

Lehi-based MX is looking to IPO or get acquired

Kolipoki

1/11/22 10:12am

Meh, Utah tech companies screw their employees all over with IPOs or aquisitions

Chefcurry

1/11/22 10:14am

That was my thought as well.

1/11/22 10:16am

You're not wrong, that happened to me at my last company.

Kolipoki

1/11/22 10:19am

Yep same here. I was promised a lot and go absolutely nothing when my tech

Chefcurry

1/11/22 10:28am

I know a couple of people within the 75 employees and they got paid very well.

Dynomite

1/11/22 11:14am

What positions? My buddy was in customer success.

Chefcurry

1/11/22 11:32am

If you would have joined last year you would have received basically nothing.

The_Cuss

1/11/22 10:18am

It really just depends on the company. You can get a lot of stock fast from some

1/11/22 10:27am

Not 1 year pre IPO. And if you do, the adjusted equity price isn’t close

The_Cuss

1/11/22 10:42am

I hear what you're saying, but it doesn't apply to all situations.

1/11/22 11:00am

Yeah, there are always outliers.

The_Cuss

1/11/22 11:08am

Don't modern start ups give employees basically nothing compared to

1/11/22 10:27am

Or they give them a lot up front, then dilute it like crazy before going public, it seems

Mike Honcho

1/11/22 10:37am

Particularly in Utah.

1/11/22 10:42am

I work for a startup that's planning on going public this year. Was hired last June. I got plenty of equity along with

Vincent's Picks

1/11/22 10:45am

That’s awesome, but it’s nothing like others received early on. Good luck with

The_Cuss

1/11/22 10:49am

Even though tech startups sell you the sky hardly anyone makes real money on the exit. But people continue to bite on

1/11/22 10:54am

Agree 100%

The_Cuss

1/11/22 11:07am

Agreed, I was one of the first 6 of a company that sold for $1bil, I had a ton of shares but through the multiple rounds

Mobojo

1/11/22 2:28pm

That sucks man. But people should really hear these kinds of stories more often. The pot of gold at the end of the exit

1/11/22 2:37pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad