I was approximately employee #500 at Facebook (mid-level engineer), sold the stock pretty quickly after the IPO lockup ended. I left after 3.5 years. I came out with around $2.5m after taxes.
If I had sold at an optimal time, and fully vested. I would have around $4.5m. Almost everyone I know waited the full 4 years, but most did not wait for the stock to appreciate due to fear of concentrated holdings.
If I had sold at an optimal time, and fully vested. I would have around $4.5m. Almost everyone I know waited the full 4 years, but most did not wait for the stock to appreciate due to fear of concentrated holdings.