Indeed, which are sub class of stock with no power. So it’s the same story and i...

edmundsauto · on July 23, 2023

RSUs that you can sell are effectively cash, not a lotto ticket.

AndrewKemendo · on July 23, 2023

They depend on the stock which is totally unpredictable

For example, literally the day before I started at my last company, their stock went from $120 to $40

So yes it’s a lotto ticket

edmundsauto · on July 23, 2023

I just… sell the stock when it vests? I guess I can see your pov is consistent as long as you consider every stock as a lotto ticket, but I don’t think that’s the typical opinion.

slt2021 · on July 23, 2023

Problem with this approach is RSU grant price is fixed at when you join the company.

You could sign job offer with $1M in RSUs at $100/sh for 10k shares, but you would have vested only $500k worth of shares if price decreases to $50/sh a year after, when you reach cliff vest

So selling at vest does not decrease your risk between RSU grant date and vest date