One of the biggest perks to working in a startup is the potential to gain equity. Ever heard of Facebook graffiti artist David Choe? A struggling artist in 2007, Choe was commissioned to paint murals for the Facebook office. Rather than taking a cash payment, he opted to take options instead. When Facebook went public in 2012, his previously small shares were now worth USD $200 million.
Have you read about the earliest employees of Microsoft, many of whom became eventual millionaires? In the 1970s and 80s, it was common practice for a wide variety of employees, from administrative staff to programmers to take options as part of their pay. Needless to say when the company massively catapulted itself to financial success, these people made out very well.
While many early-stage London startup jobs offering equity, finding proven ventures that are still offering options can be challenging. Find startup companies below where options are still options!
Why they’re awesome: One of the coolest and most well-known startups transforming the ride-sharing industry, no introduction is needed here. Get from Point A to Point B cheaper and more efficiently all from a super convenient mobile app. While options at Uber have become significantly more limited since the venture was reached stardom, for the most talented and sought-after employees they are still available, ranging from 0.001-0.005% for the most skilled engineers.
Recent Funding: USD 2.4 billion raised in 2014
Why they’re awesome: Groupon creates a global marketplace where consumers can buy just about any item, anytime they want. Available across an expanding range of categories including local businesses, travel destinations, consumer products and live events, the startup believes that great people form the basis of great companies. More than 10,000 employees currently work for the venture throughout North America, Europe, Latin America and Asia. Be quick here as the venture has several London startup jobs currently on offer. Options range up to 0.001% for Frontend and Android developers.
Recent Funding: USD 966 million raised since 2011
Why they’re awesome: TransferWise is a new international money transfer startup backed by some of world’s most experienced innovators. The platform provides peer-to-peer money transfer services, allowing businesses as well as individuals to transfer money globally in a fast and efficient way.
Recent Funding: USD 83 million since 2014
Why they’re awesome: Rated as on the most innovative companies in the world by Forbes, Salesforce empowers companies to connect with customers in ways not available before. The CRM software platform enables businesses to grow into more effective and efficient entities across a variety of functions, ranging from sales, services to marketing. In 2014, revenue reached USD 4 billion. Impressive, no? Available options range from 0.001-0.3% for experts in engineering, sales and product management.
Recent Valuation: USD 52 billion in 2014
Why they’re awesome: Tinder is revolutionizing the way people meet each other. Find out potential attractions that are nearby and easily connect with them. If you are both interested the application lets you begin a conversation. Where that leads afterwards is all up to you. Options range from 0.05-0.1% and are available mainly for engineering roles.
Recent Valuation: USD 750 million- 1 billion estimate in 2014
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