This post was originally published on this site
W
hen new hires are offered equity in a startup company, it’s sometimes compared to a lottery tick
et.Should the company go public, the employee has a chance to get rich off the shares they were offered when they joined—especially if they got in early. Workers at companies like Meta and Airbnb, for instance, have seen their wealth skyrocket following initial public offerings (IPOs) thanks to
equity.These days, the chance of winning the equity lottery looks much slimmer, though, as companies are taking longer to reach the IPO stage. While analysts expected to see the IPO market pick up this year, the