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Money Rehab with Nicole Lapin

Don't Get Screwed By Your Company's Stock Options: What To Ask Your Employer About Your Equity

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 20 September 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

When Facebook went public, 88 employees saw the value of their equity exceed $30 million. That’s the dream right? But not only is this dream rare, it can actually turn into a nightmare if you don’t ask your company the right questions about your stock options. Today Nicole talks about how to protect yourself from this nightmare scenario with Tracy DiNunzio, a brilliant entrepreneur who built and sold the luxury resale company Tradesy. Nicole and Tracy explain what you should ask your employer about your equity, and if you get a job offer with a large equity component, how to evaluate if the opportunity is a good one. $ Take control of your finances by using a Chime checking account with features like no maintenance fees, fee-free overdraft up to $200, or getting paid up to two days early with direct deposit. Visit: http://chime.com/MNN  $ Looking for the perfect holiday gift for your coworkers, friends, and everyone in between? Choose Nicole’s favorite wine, Justin. Get 20 percent off your order for a limited time with the code “MONEY20” at http://justinwine.com/  $ Ready to find a financial advisor that’s right for your financial goals? Get matched with a trusted, vetted financial advisor at: http://moneypickle.com/MNN  All investment strategies involve risk of loss. The information shared in this podcast is for informational and entertainment purposes only. Listeners should do their own research and consult a financial advisor before making any investment decisions. See terms for additional details: https://moneynewsnetwork.com/terms/

Transcript

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0:00.0

At M&N, our team is family. I know all companies say that, but I really mean it.

0:04.8

And that's why when it comes to hiring, it can be so hard to find the right candidates who feel like family.

0:09.9

But not with zip recruiter.

0:11.3

Zip recruiter finds amazing candidates for you fast.

0:14.8

And right now you can try it for free

0:16.4

at zip recruiter.com slash money rehab.

0:19.2

As a business owner, I love to save time.

0:21.0

So I love how Zip Recruter lets you connect with top candidates, A-S-A-P.

0:25.1

You can use Zip Recruter's pre-written invite to apply a message to personally reach out to your

0:29.2

favorite candidates and encourage them to apply sooner so you can hire faster and waste no time.

0:34.0

Ditch the other hiring sites and let zip recruiter find what you're looking for,

0:38.0

the needle in the haystack.

0:39.0

Four out of five employers who post on zip recruiter

0:42.0

get a quality candidate within the first

0:43.7

day try it for free at this exclusive web address zip recruiter dot com slash

0:47.7

money rehab again that's zip recruiter dot com slash money rehab zip recruiter

0:52.1

the smartest way to hire.

0:54.4

When I was early in my money journey,

0:56.1

I felt like I had to do money rehab all alone.

0:59.2

But on your road to financial independence,

1:01.1

you have me and Chime. We've all hit a point where we've realized

1:05.1

it was time to do some money rehab. Take control of your finances by using a Chime checking account

...

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