If you joined a late stage private company recently, your options are completely... | Hacker News

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		spoonjim on March 14, 2022 \| parent \| context \| favorite \| on: Spending more on retaining developers reduces the ... If you joined a late stage private company recently, your options are completely underwater and as soon as the stock market seems to have stabilized you should jump ship, even just resign and re-interview for your existing company to get new options.

shapefrog on March 14, 2022 | [–]

Why wait for the stock market, bin the options (which are now worth zero) and take advantage of the extremely good job market.

englebert on March 19, 2022 | [–]

Can you talk more about the dynamics and timing here? Joining recently vs reinterviewing, and the factors that influence the underwater situation?

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