TikTok IPO: will it make US employees rich?
Hi all, I’m trying to understand the mechanics of an IPO. So TikTok may IPO in China, not the US. If this were to happen, will current US employees expect a huge pay out?
also, if the valuation for TikTok is already high, can employees still expect a huge payout?
Is there an ESOP for US employees? Then, maybe.
Best friend just recently got a offer at Tik Tok here in the U.S. His stock option are for ByteDance stock and a valuation of $100Bn. So, if the company IPO beyond $100Bn, then he will get a payout that equivalent to % increase times the amount of shares vested. Will probably be a pretty meaningful payout, probably everyone who joined ~3 years ago will be millionaires, if stocks are fully vested.
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