You’ve got gobs of stock or options in Airbnb. Or Palantir. Or some other valuable but private company. The money is So Close. You can almost feel it. And yet, you can’t. ‘Cause your company is private. Oh, the torture.
Things I learned at Grace Hopper this year:
- I cannot do basic arithmetic while standing in front of an audience of 200 people. 100 x 1000 really should be doable.
- Yes there is a wrong way to hold the slide clicker, Mr. “You can’t mess it up” A/V guy. Just Watch Me.
Do you ever feel that your cash flow should be easier to get a hold of? You should be able to automate it? Not have to think about it so much? Not have to move money around with your delicate hands so often?
When you get a job offer, or a raise, or a bonus, you’re probably simply told that you’ll be receiving more restricted stock units or more stock options as part of that compensation package. But on occasion folks are given the choice: Do you want RSUs or stock options?
Congratulations! It might seem like all tech companies go IPO, but that’s not true. In going IPO, your company is in rarified company. And now visions of sugarplums, I mean, wealth are dancing in your head.
- Tricks (Witting or Not) that Investment Advisors Play
- You have lots of private-company stock. Should you sell it on a private secondary market?
- Confessions of a Comprehensive Financial Planner
- Just pick an easy way to give to charity and go. Think about taxes later.
- Maybe you’re better off giving your money to causes you care about, and not focusing on tax-deductibility.