All over the world, startups are becoming more and more enticing to job seekers. And the reason for this can be different for a lot of people. Some people want to work at a startup company because they experience rapid growth in their career development, especially because a startup would have ever-changing needs to which employees need to quickly adapt.
Other people join startups because they gain a sense of independence that they don’t usually get at a big corporation. This could look like experiencing a nontraditional atmosphere that encourages relaxed dress codes, nontraditional office setups, or nourishing their creativity without being constantly monitored by supervisors.
It would make sense for people to work for startups. And this is confirmed by the US Small Business Administration Office of Advocacy, which states that small businesses have created over 12.9 million jobs in the last 25 years.
But people opt for startups because of stock options, and this can be appealing to those who truly believe in their company’s capacity for growth and want to reap the rewards of their efforts in a startup environment.
The thing is that having stock options doesn’t necessarily mean a startup employee is already financially better off because, in reality, there are some barriers they can experience when trying to exercise—let alone understand—the value of the stock options. So what can they do to strategize their financial future better?
Fortunately, Equitybee can help with this through the Equity Value Finder.
Turbocharging Employees’ Equity Compensation
This unique tool is designed especially for startup employees who are looking for a way to understand the value of their equity compensation. Ultimately, this can help them make better decisions on how to allocate their efforts toward building long-term wealth.
Because startups tend to struggle with providing competitive compensation for their employees at the start, they often resort to providing stock options. And this can be helpful for employees, especially when their goal is to create more investment opportunities for themselves. But it’s not easy when trying to understand the value of their options, find opportunities to exercise their options, or even make strategic decisions about how to maximize their options.
Equity Value Finder makes all these struggles easy to overcome for startup employees. Because when they input the company name of their startup, they’ll gain real-time insights on the value of their stock option—whether it’s seeing data on the company’s growth prospects, market conditions, or other factors that can impact the value of their stock options.
More than this, the platform will also show how they can maximize their options, whether it’s knowing when to exercise their options or even sell their shares, to help them balance the risks and rewards of their equity compensation with other assets that they may have.
In the end, the Equity Value Finder supports startup employees in leveraging the time and efforts they’ve invested in the startup they’ve helped build.
An Easier Way to Build Long-Term Wealth
The startup industry’s a smooth-flowing sector because, as more startups rise all over the world, there are investors who are willing to invest in them, especially if they’re changing the way we currently operate in the world. And this only goes to show how many people are willing to work in startups because there is less risk of losing their job or being financially unstable.
They only need more support to maximize the value they receive from their startups. This makes the Equity Value Finder all the more important for these startup employees. And in a world that is making it easier and safer for people to build their long-term wealth, the Equity Value Finder innovates on this growing trend.