One thing that sucks about working at a startup is that the equity is illiquid until a liquidity event like acquisition or IPO.
There's been a rise in "recurring liquidity programs" where startups offer employees the opportunity to sell stock on a recurring basis. It's a big employee benefit where otherwise employees are stuck with illiquid stock that they can't sell if they need to buy a house or car.
We wanted to quantify how a recurring liquidity program can increase employees' liquid comp so we built this calculator.
If the company makes a certain percentage of an employees' shares available to be sold, say 15%, and the company is growing quickly enough, employees can make liquid comp on par with FB within 3-4 years and still have the upside of the equity they hold.
Would love to get thoughts/feedback on this!