Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Vieje Piauwasdy Profile picture
Vieje Piauwasdy
@ViejeP
Team Secfi @asksecfi. San Francisco native (yes, really). @uw and Lowell High alum. I like to nerd out on fintech, stock options and taxes.
Sep 16, 2020 • 15 tweets • 4 min read
First day of trading for Snowflake has ended and the co. is now worth $33b ($250+ per share)📈

Employees who built the company have to be excited. Unfortunately, employees who didn't plan around their stock options likely left a lot of money on the table.

A case study 👇 /1 The Series G round was priced at $38 per share. Employees who started at the co. in 2018 likely all have incentive stock options (ISOs) at <$5.

Let's use rounded/estimated numbers for this case study. Employee A at Snowflake is granted 5,000 ISOs at $5 strike. /2