It’s the dream of any freshly-hired startup employee: Start with stock options in your fledgling company, work hard to see that company become a success and reap the rewards of your equity with a handsome post-IPO payday. Real-world stories of employees at world-famous startups like Lululemon securing $1.5 million from their stock options are not only possible to replicate, but create incentives in the mind of many.
Yet these stories can often seem like they come from a different era. In 2023, we hear less about startup unicorns and more about layoffs across the tech sector. These economic headwinds can push focus away from stock options—to the detriment of employees who can truly benefit from exercising these benefits.
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