Working in the start up world, we are all presented with equity and options. How can we as employees take advantage of the options that are presented and how should we as founders design the package for our extended team?
Some of the topics that we will cover:
• What do I need to know about my options
• What should I ask for when negotiating my salary + options
• How much are my options actually worth today (and can I sell them?)
• What happens in an exit event
• What are my tax implications
• Should I exercise my options when I leave the company
We will provide an overview on startup options/ equity and delve into specific cases and look at liquidity options (including EquityZen & secondary marketplaces). This is a confusing topic that applies to almost all startup employees so we will also take questions from the audience during the event as well. Feel free to post them in the wall of the event for a head start.
See you there!
EquityZen improves the way startup employees are paid by unlocking the value of their equity compensation in a way that benefits all key players: the shareholder, the company, and the investor. Employees should have the opportunity to share in the value they create for their company's shareholders. This must be accomplished in a manner that keeps the focus on company growth, the number one priority for all stakeholders. Investors that previously couldn't access late-stage private companies due to investment minimums, can now invest in private growth companies.
Nat Disston was the Founder of eCommerce men's brand VoyVoy. Nat boot-strapped the company via Kickstarter and scaled the business to sales in over 25 countries, getting recognized by many international publications such as Entrepreneur Magazine and Fast Company.
Previously, Nat was a General Manager at Projective Space, a community-centered co-working space in NYC hosting companies such as Uber, Indiegogo, and Instacart. Nat is an avid surfer, skier, and runner. Nat is looking forward to beating Phil in an upcoming NYC marathon :)
Kaylock Yam was an Executive Director and held several positions in Sales and Investor Relations at Arden Asset Management (acquired by Aberdeen Asset Management). He had Business Development responsibilities for multi-manager hedge fund programs, serving institutional and high-net-worth clients globally, and oversaw the firm's distribution intermediary relationships with wealth management partners. He built distribution for private and registered fund products, including leading the initial development of Arden's liquid alternatives business.
Kaylock began his career at Citi Private Bank in the U.S. Investment Solutions Group. He graduated from The Wharton School at the University of Pennsylvania and is an avid sports fan who enjoys playing basketball, golf, and softball as living in NYC permits.
Notes on our sponsors:
Did you know that the internet is actually data that travels through a series of fiber optic cables that extend themselves across land and into the ocean? Began in 1901, Telstra Corporation is the largest telecommunications in Australia and operates a core network of 386,589 km with 58 data centres and access to more than 2,000 PoPs globally. The Telstra Global team operates the main cables that run from North America to Asia Pacific, connecting American businesses to allow users in Asia to access content and vice versa. Telstra is very happy to be hosting the Anytech group and supporting companies locally in New York to expand globally into the world. Follow us at @Telstra on Twitter.