I work for a large company w. approx $1B in annual revenue. They were publicly traded until about 5-8 years ago and then were acquired by an equity firm who has since privatized and is pumping a lot of resources into NA expansion.
As an employee i have the option to purchase stock, however it is not discounted/matched (beyond the first few hundred dollars which they give a 50% taxable match) and it clearly states in the agreement that there is not option/right to sell/trade the stock after purchase and the only way to get paid out is a liquidity event (if/when they sell the company).
They currently appraise the assumed value of the stock semi annually using an EBITA model. The stock price has steady climbed the past 6 years and increased roughly 130% in the last 12 months.
Im having difficulty seeing value in tying up my $ into an investment where I have no definite or even ball park assurance as to when or if it could see a liquidity event.
Ive been offered options at previous private companies but always at some sort of discount or steady match that made it seem more lucrative. Im not sure what to make of this current option.
Submitted April 06, 2019 at 08:36AM by TheTalkingFred http://bit.ly/2Ul3ORD
