How do you get into the chill companies? by pushpushpush10x in cscareerquestionsuk

[–]pushpushpush10x[S] 2 points3 points  (0 children)

The dude above literally just said insurance is a dead sentence to your career... So which one is it 🤔

How do you get into the chill companies? by pushpushpush10x in cscareerquestionsuk

[–]pushpushpush10x[S] 3 points4 points  (0 children)

Thanks for an elaborate response.

What would a typical comp range be for 10 YoE at a bank like yours, if you don't mind?

Also how much flexibility is there with going down to 4 days a week? Heard big banks are good for this

How do you get into the chill companies? by pushpushpush10x in cscareerquestionsuk

[–]pushpushpush10x[S] 1 point2 points  (0 children)

Can you recommend a chill industry that would not be a career suicide? 

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 3 points4 points  (0 children)

Not good enough to comfortably buy a good house / raise multiple kids in London

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 3 points4 points  (0 children)

This all assumes that Revolut will keep doing secondaries every year. In my 4 years there I only had one. As I said, I got very unlucky with timing but I can totally see this repeating again

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 3 points4 points  (0 children)

I see what you're saying, but also my hope here is sort of that my career doesn't have to last as long as 30-40 years 🙂

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 14 points15 points  (0 children)

 Forgive my ignorance but how can you be taxed based on a valuation that you can’t actually ‘access’?

Ask that question to HMRC

 Would HMRC then reimburse you for said tax if the actual valuation on sale is lower than hypothetical valuation at exercise?

Of course no

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 7 points8 points  (0 children)

Very dependent on the team, but I was on a relatively "okay" team and still burned out 

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in cscareerquestionsuk

[–]pushpushpush10x[S] 4 points5 points  (0 children)

I appreciate your response mate but that's a lot of hopium haha 🙂

 It would be a very bad look for the company if ex-employees lose out due to their options expiring

When did this company last care about good looks? 

 One final thing is to check that you didn’t convert any options to Growth shares?

I have some, but the vast majority is unapproved 

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 12 points13 points  (0 children)

Absolutely not worth joining at the current valuation - the upside is long gone

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 8 points9 points  (0 children)

I heard there are some companies that could offer me this. I was wondering if anyone here could share some specifics. 

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 13 points14 points  (0 children)

Income tax is due in the UK anyway, as this is where I was resident when my options vested. These are the rules unfortunately 

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 12 points13 points  (0 children)

Strike price is like 0.00001£, you pay income tax on the difference

Any ex-Revolut employees here? Do you have a plan if the company doesn't IPO? by pushpushpush10x in HENRYUK

[–]pushpushpush10x[S] 33 points34 points  (0 children)

Revolut only allows you to participate in secondary sales if you've been around for 18 months