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Legit Request for CAREER ADVICE

In-house counsel Make about 300k a year Have 1.6m options...
Aphrodisiac crackhouse
  06/02/25
How much of the 1.6m is unvested
Cerise hall sandwich
  06/02/25
50 percent only vests on sale so I’ll forfeit that rig...
Aphrodisiac crackhouse
  06/02/25
Wait, this is a private company?
Cerise hall sandwich
  06/02/25
Yes
Aphrodisiac crackhouse
  06/02/25
Yeah so that money is meaningless. Don't quit but don't stay...
Cerise hall sandwich
  06/02/25
I made over 500k last exit (at this company) so it is possib...
Aphrodisiac crackhouse
  06/02/25
Sounds like this company is a shitshow though
smoky indecent mad-dog skullcap
  06/02/25
Yep. I hate it. I’m tempted to just slack off and get ...
Aphrodisiac crackhouse
  06/02/25
Same. I did that and got fired with 3 months severance. It f...
Federal station
  06/02/25
"I am a striver at heart and still work a ton and get w...
Bisexual mentally impaired locale
  06/03/25
...
tan arrogant ticket booth fat ankles
  06/02/25
check the shareholder agreement, you likely have to purchase...
dashing rigor background story
  06/02/25
Options are just RSUs with 0 basis or worth until exit. The ...
Aphrodisiac crackhouse
  06/02/25
options and rsu's are entirely different things. you have rs...
dashing rigor background story
  06/02/25
sex with men, for money in all seriousness, i would start...
Aquamarine multi-colored center electric furnace
  06/02/25
...
Passionate queen of the night
  06/02/25
I would love to leave but seems like market is shit. It&rsqu...
Aphrodisiac crackhouse
  06/02/25
Crypto and fucking healthcare. Fml Job market sucks. Been...
Narrow-minded comical base
  06/02/25
lol this speaks to me, i've taken some calls also, but refus...
Aquamarine multi-colored center electric furnace
  06/02/25
Hold up, what’s wrong with crypto?! It’s actuall...
Passionate queen of the night
  06/02/25
I am sadly a nocoiner and while bitcoin has uses and is very...
Aquamarine multi-colored center electric furnace
  06/03/25
be honest. do you really think your company has a shot of be...
Nubile Mildly Autistic Liquid Oxygen
  06/02/25
I made a lot on one liquidity event already and my company i...
Aphrodisiac crackhouse
  06/02/25
then it sounds like you should stay. working in tech is get...
Nubile Mildly Autistic Liquid Oxygen
  06/02/25
What's your specialty?
Wonderful Shimmering Box Office Elastic Band
  06/02/25
My bread and butter is deals. Handled about 10 m&a deals...
Aphrodisiac crackhouse
  06/02/25
I could be retarded but this sounds like a certain telecom c...
tan arrogant ticket booth fat ankles
  06/02/25
Why did he becum weak
Marvelous Avocado Black Woman Public Bath
  06/03/25
Market’s very soft at in-house departments. I see peo...
maize sinister cumskin volcanic crater
  06/02/25
Yeah. I think you’re right. I just need to ride it but...
Aphrodisiac crackhouse
  06/02/25
it's never coming back, son
seedy garnet boiling water
  06/02/25
Fml
Aphrodisiac crackhouse
  06/02/25
agree with all of this - moving is a lot of work. which sor...
Aquamarine multi-colored center electric furnace
  06/02/25
Get acquired. Poof! Millions and ‘vacation’.
razzle irate forum roast beef
  06/02/25
This sort of job always looks like it sucks from the other s...
ocher frum market
  06/02/25
What do you mean
Aphrodisiac crackhouse
  06/02/25
In house people I deal with outside of pure financial compan...
ocher frum market
  06/02/25
Sounds like you want to leave in which case it can't hurt to...
Bisexual mentally impaired locale
  06/02/25
More power and influence at a better company where I respect...
Aphrodisiac crackhouse
  06/02/25
"respect the people" good fucking luck
Federal station
  06/02/25
...
Aquamarine multi-colored center electric furnace
  06/02/25
What would make you "respect the people?" In-hous...
Bisexual mentally impaired locale
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 2nd, 2025 12:38 PM
Author: Aphrodisiac crackhouse

In-house counsel

Make about 300k a year

Have 1.6m options at current valuation but who knows if that ever realizes

Legal department is a shit show. Weak and ineffective boss. Exec team is in shambles with just tons of political infighting. Revenue is flat. Everything is dysfunctional and it’s infuriating trying while everyone seems checked out.

The equity is tying me down hard and job market seems like shit. What can I do? Almost every day by end of day I just want to burn the place down and get drunk just to cope with rage from all the idiocy

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980858)



Reply Favorite

Date: June 2nd, 2025 12:40 PM
Author: Cerise hall sandwich

How much of the 1.6m is unvested

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980865)



Reply Favorite

Date: June 2nd, 2025 12:42 PM
Author: Aphrodisiac crackhouse

50 percent only vests on sale so I’ll forfeit that right off the bat. Of the remaining amount, I think maybe half is still unvested. So maybe 400k is vested. They have an option to repurchase it if I quit but it’s unlikely they would since the company has been flat and the market sucks, better to keep cash on hand

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980876)



Reply Favorite

Date: June 2nd, 2025 12:46 PM
Author: Cerise hall sandwich

Wait, this is a private company?

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980892)



Reply Favorite

Date: June 2nd, 2025 12:46 PM
Author: Aphrodisiac crackhouse

Yes

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980898)



Reply Favorite

Date: June 2nd, 2025 12:49 PM
Author: Cerise hall sandwich

Yeah so that money is meaningless. Don't quit but don't stay because of that.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980905)



Reply Favorite

Date: June 2nd, 2025 12:49 PM
Author: Aphrodisiac crackhouse

I made over 500k last exit (at this company) so it is possible

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980908)



Reply Favorite

Date: June 2nd, 2025 12:55 PM
Author: smoky indecent mad-dog skullcap

Sounds like this company is a shitshow though

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980931)



Reply Favorite

Date: June 2nd, 2025 1:02 PM
Author: Aphrodisiac crackhouse

Yep. I hate it. I’m tempted to just slack off and get a severance but I am a striver at heart and still work a ton and get worked up about everything. I’m a workaholic and this sucks. I’m not some remote only type that can be happy doing nothing

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980960)



Reply Favorite

Date: June 2nd, 2025 1:03 PM
Author: Federal station

Same. I did that and got fired with 3 months severance. It fucking sucked and still sucks. Being unemployed is terrible.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980967)



Reply Favorite

Date: June 3rd, 2025 2:22 PM
Author: Bisexual mentally impaired locale

"I am a striver at heart and still work a ton and get worked up about everything. I’m a workaholic and this sucks"

In-house sounds like a bad fit for you.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48983849)



Reply Favorite

Date: June 2nd, 2025 1:16 PM
Author: tan arrogant ticket booth fat ankles



(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980994)



Reply Favorite

Date: June 2nd, 2025 1:46 PM
Author: dashing rigor background story

check the shareholder agreement, you likely have to purchase your options within 30-90 days of exit and you'll pay tax on the difference between the 409a and the current valuation

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981082)



Reply Favorite

Date: June 2nd, 2025 1:56 PM
Author: Aphrodisiac crackhouse

Options are just RSUs with 0 basis or worth until exit. The company has 60 days to buy vested rsus otherwise would just let it ride like everyone else (probably preferable because PE rapes you on valuation if they buy back early).

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981102)



Reply Favorite

Date: June 2nd, 2025 6:59 PM
Author: dashing rigor background story

options and rsu's are entirely different things. you have rsu's, not options

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981746)



Reply Favorite

Date: June 2nd, 2025 12:40 PM
Author: Aquamarine multi-colored center electric furnace

sex with men, for money

in all seriousness, i would start interviewing and leave if something gets you excited. life is short. and if you don't have a current timetable for exit, and especially if revenue is flat (red flag), who the hell knows what'll happen with those options

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980868)



Reply Favorite

Date: June 2nd, 2025 12:41 PM
Author: Passionate queen of the night



(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980873)



Reply Favorite

Date: June 2nd, 2025 12:44 PM
Author: Aphrodisiac crackhouse

I would love to leave but seems like market is shit. It’s all just crypto fraud places hiring. Makes you wonder why these guys want legal so much. Just a fall guy for prison probably

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980887)



Reply Favorite

Date: June 2nd, 2025 2:02 PM
Author: Narrow-minded comical base

Crypto and fucking healthcare. Fml

Job market sucks. Been trying to leave my GC gig for like 7 months now and have had only one good lead. A former co-worker just reached out about a GC job his company needs to fill, so maybe my luck is about to change

For context, my company sucks worse than yours and my commercial leaders are destroying us

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981122)



Reply Favorite

Date: June 2nd, 2025 3:34 PM
Author: Aquamarine multi-colored center electric furnace

lol this speaks to me, i've taken some calls also, but refuse to do crypto, health tech, or fin tech (as they sound like pretty risky businesses to join, if they don't know wtf they're doing--are probably all way out of compliance)

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981343)



Reply Favorite

Date: June 2nd, 2025 9:01 PM
Author: Passionate queen of the night

Hold up, what’s wrong with crypto?! It’s actually pretty chill

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48982005)



Reply Favorite

Date: June 3rd, 2025 8:12 AM
Author: Aquamarine multi-colored center electric furnace

I am sadly a nocoiner and while bitcoin has uses and is very cool, I do not understand why the value is not zero. Also the whole industry is full of charlatans and grifters

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48982787)



Reply Favorite

Date: June 2nd, 2025 12:42 PM
Author: Nubile Mildly Autistic Liquid Oxygen

be honest. do you really think your company has a shot of being one of the very few that sees a liquidation event big enough to let ordinary employees cash out? if not, leave

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980877)



Reply Favorite

Date: June 2nd, 2025 12:46 PM
Author: Aphrodisiac crackhouse

I made a lot on one liquidity event already and my company is very profitable with good ebitda margins, so it is possible there is a legit path to real $ here. It’s just I’m getting impatient for it and realistically it could be another 3 years. I hate the company so much

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980895)



Reply Favorite

Date: June 2nd, 2025 12:54 PM
Author: Nubile Mildly Autistic Liquid Oxygen

then it sounds like you should stay. working in tech is getting worse and worse. the shitty situation you know is better than an the unknown one

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980924)



Reply Favorite

Date: June 2nd, 2025 12:53 PM
Author: Wonderful Shimmering Box Office Elastic Band

What's your specialty?

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980920)



Reply Favorite

Date: June 2nd, 2025 1:00 PM
Author: Aphrodisiac crackhouse

My bread and butter is deals. Handled about 10 m&a deals in last two years. Any big commercial partnerships etc always come my way. But I also do other random shit. Handle about 80 percent of our active litigation, which is mostly just handled by outside counsel but it still takes time. (I hate doing this work.) All the corporate governance/maintenance work, just work with our finance/tax/treasury team a lot. I have a really broad remit. Part of my issue actually is that my job is do dependent on our GC. I’m his pet and it’s paid off but if he ever left I’d be fucked. He’s become extremely weak recently and it makes my job annoying as fuck.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980947)



Reply Favorite

Date: June 2nd, 2025 1:18 PM
Author: tan arrogant ticket booth fat ankles

I could be retarded but this sounds like a certain telecom company for whom it is a nightmare to litigate

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48980999)



Reply Favorite

Date: June 3rd, 2025 11:25 AM
Author: Marvelous Avocado Black Woman Public Bath

Why did he becum weak

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48983275)



Reply Favorite

Date: June 2nd, 2025 1:50 PM
Author: maize sinister cumskin volcanic crater

Market’s very soft at in-house departments. I see people moving around for specialist roles, but not a lot with your sort of generalist skillset. Dealmaking is particularly weak.

But in ordinary times your skills are the more in demand end of the legal spectrum. Ride it out while looking for something with much stronger comp in the meantime? Geography changes are a PITA, so don’t be rash.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981089)



Reply Favorite

Date: June 2nd, 2025 1:58 PM
Author: Aphrodisiac crackhouse

Yeah. I think you’re right. I just need to ride it but it pisses me off. Specialist stuff is not my thing. Need deal making to come back.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981109)



Reply Favorite

Date: June 2nd, 2025 2:04 PM
Author: seedy garnet boiling water

it's never coming back, son

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981127)



Reply Favorite

Date: June 2nd, 2025 2:10 PM
Author: Aphrodisiac crackhouse

Fml

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981144)



Reply Favorite

Date: June 2nd, 2025 8:03 PM
Author: Aquamarine multi-colored center electric furnace

agree with all of this - moving is a lot of work. which sort of weighs towards, stay put, unless you've got something good. but i guess otoh i've seen people recently have short resume gaps and it doesn't seem to hurt them much.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981874)



Reply Favorite

Date: June 2nd, 2025 1:59 PM
Author: razzle irate forum roast beef

Get acquired. Poof! Millions and ‘vacation’.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981113)



Reply Favorite

Date: June 2nd, 2025 2:00 PM
Author: ocher frum market

This sort of job always looks like it sucks from the other side. Unless you go be a PE boss I am not sure you'll find happiness somewhere else.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981115)



Reply Favorite

Date: June 2nd, 2025 2:10 PM
Author: Aphrodisiac crackhouse

What do you mean

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981147)



Reply Favorite

Date: June 2nd, 2025 2:19 PM
Author: ocher frum market

In house people I deal with outside of pure financial companies always seem like they have chaotic jobs

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981161)



Reply Favorite

Date: June 2nd, 2025 2:00 PM
Author: Bisexual mentally impaired locale

Sounds like you want to leave in which case it can't hurt to start looking. You also know the market is crap right now, but that doesn't change the strategy of "look until you get an offer that makes it worth jumping ship for."

If it were me, this doesn't sound terrible. There's always in-fighting in-house and I'm not a workaholic. Working remote is one of the most important things for me. Sounds like you're doing the work you want to do anyway so it isn't like you're relegated to shitty work that isn't interesting. So one thing you'll want to think about is what you really want. Is it more money? Is it more senior title/role?

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981116)



Reply Favorite

Date: June 2nd, 2025 2:13 PM
Author: Aphrodisiac crackhouse

More power and influence at a better company where I respect the people

I’m working with. I would like more money but honestly the money isn’t bad especially given decent equity and upside.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981149)



Reply Favorite

Date: June 2nd, 2025 4:10 PM
Author: Federal station

"respect the people"

good fucking luck

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981410)



Reply Favorite

Date: June 2nd, 2025 8:02 PM
Author: Aquamarine multi-colored center electric furnace



(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48981870)



Reply Favorite

Date: June 2nd, 2025 10:46 PM
Author: Bisexual mentally impaired locale

What would make you "respect the people?" In-house isn't where you generally go if you to hang out with hard driving workaholics. Most of us went in-house specifically to avoid that bullshit. You could go to Amazon or Netflix or some other notorious sweatshop.

(http://www.autoadmit.com/thread.php?thread_id=5732536&forum_id=2:#48982247)