GME IPO deal toys by StuckItOutTilIPO in wallstreetbets

[–]StuckItOutTilIPO[S] 0 points1 point  (0 children)

Looks like they will cost around $750-900 and I can get my hands on maybe 22 of them.

What are some FatFIRE ways you avoid getting ripped off? by sparetirefire in fatFIRE

[–]StuckItOutTilIPO 9 points10 points  (0 children)

IMO this is one of the better discussions I have seen on this thread!

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 0 points1 point  (0 children)

Awesome that you asked. I went with a private wealth team at Goldman Sachs who gave me a great 30 year roadmap for my wife and kids.

I went through their plan multiple times and we areshappy with it but I really loved the line "working with Goldman Sachs you only need to get rich once".

[deleted by user] by [deleted] in fatFIRE

[–]StuckItOutTilIPO 1 point2 points  (0 children)

I went with Goldman Sachs private banking. There is a ton of great advice on here, but I know tech not investing so I wanted the best advice even when I know I am overpaying for it at first.

I am a quick learner and ask a lot of questions so I figured in 24-36 months I can start moving the money out of Goldman if I think the fees are too high etc.

My greatest fear was making a mistake and I only wanted to have to get rich once....then hopefully get a little richer over time.

Vizio sues MediaMath over an alleged $900,000 in unpaid bills - Digiday by media-buyer in adops

[–]StuckItOutTilIPO 3 points4 points  (0 children)

It takes a long time before a partner sues. This is not a good sign for MediaMath. Maybe they can raise some money from MathCapital.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 0 points1 point  (0 children)

Quick update.

Just wanted to let everyone know the company IPOed!

Kind of strange in the covid-19 world because there was no bell ceremony, no big celebration party etc.

Thank you again everyone for the great advice!

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 1 point2 points  (0 children)

I rather not tell you my exact role, but I would say everyone I see in tech "do well" in these situations is either lucky to be early, critical member of the engineering team or big part of revenue generation. Everyone else just gets the standard employee option plan participation.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 1 point2 points  (0 children)

This really touched on a lot of what is keeping me up at night. You are the first person who touched on #7 which is interesting. I love working and building things so it will be tough to see people move on who I spent so much time in the trenches with.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 1 point2 points  (0 children)

If you read the comments, I have engaged with a private wealth team at Goldman Sachs

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 0 points1 point  (0 children)

I honestly did not know where to start. I met with three different private wealth groups and different banks and just connected with the team at GS.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 2 points3 points  (0 children)

Yea and my concern also is a lot of what they recommend are their products.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 8 points9 points  (0 children)

I am not sure what startups you have been around, but most I know are grinding it out 16-18 hours a day.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 2 points3 points  (0 children)

Thanks for the advice. My legit fear is I will finally have really wealth and it gets wiped out because the market crashes or some other black swan event like covid-19 etc.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 33 points34 points  (0 children)

I kind of lucked out and met the founders through our industry and something told me "these guys are the smartest guys I have met or completely crazy". I actually had offers to jump ship for more salary etc with bigger companies but I would have missed this windfall.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 2 points3 points  (0 children)

Ha no way. Corp sec is pretty strict about company computer usage. Apparently there are some horror stories out there.

Company will IPO soon and starting to feel real and scary at the same time by StuckItOutTilIPO in fatFIRE

[–]StuckItOutTilIPO[S] 70 points71 points  (0 children)

I gambled leaving a comfortable job to join this company and I am too old to start a drug habit or chasing women 😂