Hacker News Reader

Comment by JonFish85 | Hacker News Reader

While I see this as true, man does it suck to be an employee who was hoping for stock options to be worth anything. Especially for those who became Twitter employees via an acquisition, since I imagine a big part of their compensation from that event was stock.

View on HN

Work for a large well know established company making a great salary and tangible RSUs or work for one of the other 99% of startups that pay under market and whose options will never be worth $0.01. Yeah, sucks to be an employee at Twitter. :-/

I guess? I have friends who worked for a company acquired by Twitter pre-IPO and their stock options are apparently not doing well. Granted it's anecdotal, but I'm not saying that nobody makes money off of Twitter.

For context, TWTR priced its IPO in $17-20 range http://www.cbsnews.com/news/twitter-prices-ipo-at-26-a-share... before the wave of demand pushed its higher. Unless someone was acquired in a largely stock-based transaction during the short period of time TWTR was in sub-$70 range, the trip has been relatively stable.

When a company I worked for was acquired by a public company, my options were converted 8:1 to actual shares in the acquiring company.

Twitter IPO'd a while ago. Employees with option grants had plenty of time to realize gains...

I'm sure that like most big tech companies Twitter continues to provide a large portion of compensation in company stock.

But RSUs do not become worthless like options do when the price declines.

Twitter was offering RSUs since before the IPO (I worked at Twitter).

Reply on news.ycombinator.com