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movax posted:Stock options are new to me though...should I be asking for more shares? It's 2k right now, 25% vesture after year 1, 6.25% each after afterward at a fixed price. What's in-the-money vs. out-the-money exactly? So, let's pretend your strike price is $10 and the stock price is at 15, and it's a year after you started. You can now exercise 25% of your options to get 500 shares that are worth $7500 for $5000. You have a few ways you can do this:
Out of the money just means that your stock is below the strike price, which means they're worthless (you never want to pay $10 for an $8 stock, right?). And note the last point in the previous paragraph: just because they're "in the money" doesn't mean you make money. You have to cover fees and taxes. edit: simplistic strategy: if you think the stock is going to skyrocket, sit on the options as long as you can. If you think it'll go mostly up but it might go down, and you're gonna hold it, sell to cover. If you think it's as high as it's gonna go, exercise and sell the whole thing (and put it in a better investment). edit2: I'd ask for more salary before I'd ask for more options unless I thought I was working at some new Apple/Google/etc. Assume options are worth nothing until there's serious evidence otherwise. bort fucked around with this message at 20:45 on Jun 13, 2013 |
# ¿ Jun 13, 2013 20:30 |
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# ¿ Apr 27, 2024 05:53 |
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It's probably paranoia about being equal opportunity. If they don't ask everyone exactly the same questions, they may be giving someone an advantage. Your enthusiasm puts them in a difficult position, since you put them in a position where they may give you information someone else doesn't get.
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# ¿ Feb 6, 2014 22:30 |
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What do you mean, can I swim? Are you asking me that because I'm black?!
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# ¿ Feb 6, 2014 22:44 |
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To add to the "don't beat yourself up" message: the default is failure and remind yourself that you're interviewing them. The position being in an unfavorable location is a huge strike against them, and they have to overcome that. You may not get the next one and that's okay. CEOs are also challenging interviews, because nobody really checks their judgement on things and they can dislike you for any reason. I try to always be overly respectful of their time. If I ran out of questions, I'd say I'm excited about learning more from the hiring manager and SMEs and thank them for taking time to meet with me.
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# ¿ Oct 6, 2022 13:36 |
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I've had two full interview processes where everything is going right and I'm clicking with the team, and I expected offers. I get rejected and later find out they were using me to make sure they had a qualified candidate for comparison, so they could hire the person they'd already picked. Recruiters gave that up because I badgered them about wasting my time, and they wanted to be off the hook. You are sometimes in a situation where you can't succeed.
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# ¿ Oct 6, 2022 14:51 |
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I recommend staying away from the LI feed. Click Jobs as soon as the page loads. The people who post there have something wrong with them. I compare LinkedIn to the Bill Mumy little kid in the Twilight Zone. We normals all pretend we like LinkedIn and that the content on the site is just great because we don't want to get sent to the cornfield.
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# ¿ Nov 14, 2023 23:03 |
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It's all dating. You won't get real feedback. You won't know why someone likes you or doesn't. The default result is a failure to connect. You have to deal with being rejected or ghosted and put on that nice outfit again and smile.
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# ¿ Nov 14, 2023 23:14 |
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I had a guy insist that I fell short because I couldn't wear enough different hats (horseshit). I did a tech screen challenge that was a stretch and got everything right, I think. I got one hiring manager really enthusiastic about my skillset and they may change the job description to better suit me. Let's hope, anyway. Expecting to have six weeks of total ghosting and for positions to be closing as finance people get scared about Q4.
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# ¿ Nov 17, 2023 20:17 |
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Chewbecca posted:Why email out a job rejection at 4pm on Saturday
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# ¿ Nov 19, 2023 07:18 |
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There is also no idea how to discern if the feedback you're given has anything to do with the decision or not. Even if it's true, they're not likely to say, "you were competing with an internal candidate and we needed a patsy for the process, sucks to be you." That kind of thing happens all the time.
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# ¿ Jan 19, 2024 00:00 |
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Visa holders, also. Have to determine it was truly impossible to source it domestically.
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# ¿ Jan 19, 2024 05:21 |
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Recruiters are hungry, too. Expect increasingly desperate tactics, unless this market finds a way to rehire all the people it's shed.
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# ¿ Jan 22, 2024 21:53 |
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# ¿ Apr 27, 2024 05:53 |
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"I think I was let go due to the company cutting costs."
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# ¿ Jan 26, 2024 16:11 |