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Legit Request for CAREER ADVICE

In-house counsel Make about 300k a year Have 1.6m options...
Sinister location cumskin
  06/02/25
How much of the 1.6m is unvested
violent thirsty french chef
  06/02/25
50 percent only vests on sale so I’ll forfeit that rig...
Sinister location cumskin
  06/02/25
Wait, this is a private company?
violent thirsty french chef
  06/02/25
Yes
Sinister location cumskin
  06/02/25
Yeah so that money is meaningless. Don't quit but don't stay...
violent thirsty french chef
  06/02/25
I made over 500k last exit (at this company) so it is possib...
Sinister location cumskin
  06/02/25
Sounds like this company is a shitshow though
marvelous stage hominid
  06/02/25
Yep. I hate it. I’m tempted to just slack off and get ...
Sinister location cumskin
  06/02/25
Same. I did that and got fired with 3 months severance. It f...
cerebral hot address
  06/02/25
"I am a striver at heart and still work a ton and get w...
ruddy floppy rigpig
  06/03/25
...
shaky shitlib
  06/02/25
check the shareholder agreement, you likely have to purchase...
Wine up-to-no-good church building
  06/02/25
Options are just RSUs with 0 basis or worth until exit. The ...
Sinister location cumskin
  06/02/25
options and rsu's are entirely different things. you have rs...
Wine up-to-no-good church building
  06/02/25
sex with men, for money in all seriousness, i would start...
turquoise locale regret
  06/02/25
...
mind-boggling messiness nowag
  06/02/25
I would love to leave but seems like market is shit. It&rsqu...
Sinister location cumskin
  06/02/25
Crypto and fucking healthcare. Fml Job market sucks. Been...
lavender knife
  06/02/25
lol this speaks to me, i've taken some calls also, but refus...
turquoise locale regret
  06/02/25
Hold up, what’s wrong with crypto?! It’s actuall...
mind-boggling messiness nowag
  06/02/25
I am sadly a nocoiner and while bitcoin has uses and is very...
turquoise locale regret
  06/03/25
be honest. do you really think your company has a shot of be...
odious carmine plaza
  06/02/25
I made a lot on one liquidity event already and my company i...
Sinister location cumskin
  06/02/25
then it sounds like you should stay. working in tech is get...
odious carmine plaza
  06/02/25
What's your specialty?
multi-colored police squad macaca
  06/02/25
My bread and butter is deals. Handled about 10 m&a deals...
Sinister location cumskin
  06/02/25
I could be retarded but this sounds like a certain telecom c...
shaky shitlib
  06/02/25
Why did he becum weak
Frum field
  06/03/25
Market’s very soft at in-house departments. I see peo...
Soggy Salmon Hissy Fit Ticket Booth
  06/02/25
Yeah. I think you’re right. I just need to ride it but...
Sinister location cumskin
  06/02/25
it's never coming back, son
histrionic bearded station tattoo
  06/02/25
Fml
Sinister location cumskin
  06/02/25
agree with all of this - moving is a lot of work. which sor...
turquoise locale regret
  06/02/25
Get acquired. Poof! Millions and ‘vacation’.
Smoky Razzle Stead
  06/02/25
This sort of job always looks like it sucks from the other s...
canary shrine
  06/02/25
What do you mean
Sinister location cumskin
  06/02/25
In house people I deal with outside of pure financial compan...
canary shrine
  06/02/25
Sounds like you want to leave in which case it can't hurt to...
ruddy floppy rigpig
  06/02/25
More power and influence at a better company where I respect...
Sinister location cumskin
  06/02/25
"respect the people" good fucking luck
cerebral hot address
  06/02/25
...
turquoise locale regret
  06/02/25
What would make you "respect the people?" In-hous...
ruddy floppy rigpig
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 2nd, 2025 12:38 PM
Author: Sinister location cumskin

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: violent thirsty french chef

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: Sinister location cumskin

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: violent thirsty french chef

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: Sinister location cumskin

Yes

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



Reply Favorite

Date: June 2nd, 2025 12:49 PM
Author: violent thirsty french chef

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: Sinister location cumskin

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: marvelous stage hominid

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: Sinister location cumskin

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: cerebral hot address

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: ruddy floppy rigpig

"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: shaky shitlib



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



Reply Favorite

Date: June 2nd, 2025 1:46 PM
Author: Wine up-to-no-good church building

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: Sinister location cumskin

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: Wine up-to-no-good church building

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: turquoise locale regret

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: mind-boggling messiness nowag



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



Reply Favorite

Date: June 2nd, 2025 12:44 PM
Author: Sinister location cumskin

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: lavender knife

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: turquoise locale regret

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: mind-boggling messiness nowag

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: turquoise locale regret

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: odious carmine plaza

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: Sinister location cumskin

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: odious carmine plaza

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: multi-colored police squad macaca

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: Sinister location cumskin

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: shaky shitlib

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: Frum field

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: Soggy Salmon Hissy Fit Ticket Booth

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: Sinister location cumskin

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: histrionic bearded station tattoo

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: Sinister location cumskin

Fml

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



Reply Favorite

Date: June 2nd, 2025 8:03 PM
Author: turquoise locale regret

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: Smoky Razzle Stead

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: canary shrine

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: Sinister location cumskin

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: canary shrine

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: ruddy floppy rigpig

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: Sinister location cumskin

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: cerebral hot address

"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: turquoise locale regret



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



Reply Favorite

Date: June 2nd, 2025 10:46 PM
Author: ruddy floppy rigpig

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)