| ||Ask HN: Planning to leave. How best to handle stock options?|
154 points by throwaway68080 564 days ago | hide | past | web | 100 comments | favorite |
|(I'm sure this has been asked before, but I must be bad at search, because I couldn't find the advice I was looking for).|
I'm planning to leave the company I joined about 7 years ago as one of the first dozen or so employees. I have some options that are worth $X,000,000 as of the last tender offer, and would cost $X0,000 to buy. Exercising them isn't a problem, but I doubt I could handle the taxes. The company itself was valued in the $500M-$1B range in the last funding round. I'd hate to leave the options behind, but even if I could afford them, that's a ton of money to put at risk.
Does anyone have any experience with ESOfund? I've also heard that there are other private groups who help fund employee option purchases and taxes, but I don't know much about them or even whether it'd work with my employer. Besides those, any other advice on what the best things to do are here?
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