Ask HN: Don't understand vesting/ownership offer, how do I make money off it?
Brief: If I am offered vested ownership of a company, how do I eventually make money off of that?
I am being offered a job where I start out with .25% ownership to increase to 2% in 3 years. Salary will shoot up along with that and I'm confident I can get both of those things in writing.
My question is, when I'm at the point where I own 2%, how do I make money off of that? The company wants right of first refusal (which is a concept I understand), but what if nobody wants to buy the stock? I don't know that they will go public, so who do I even sell it to at that point? Does that make it essentially worthless?
Are there any good blogs or websites that can help me get a handle of these things better?
I am being offered a job where I start out with .25% ownership to increase to 2% in 3 years. Salary will shoot up along with that and I'm confident I can get both of those things in writing.
My question is, when I'm at the point where I own 2%, how do I make money off of that? The company wants right of first refusal (which is a concept I understand), but what if nobody wants to buy the stock? I don't know that they will go public, so who do I even sell it to at that point? Does that make it essentially worthless?
Are there any good blogs or websites that can help me get a handle of these things better?