What ever happened with your equity?

I have no idea what the likelihood of this being worth anything or not! Has anyone received company equity as part of their compensation package?

I work at a small-medium start up that is now in the scaling phase. Approx 300 employees, operating in 5 states. I am a Director of Ops. Healthcare consulting and risk stratification. Currently turning a profit, orig PE/JC. They provide a very unique business model and no one else is doing it this way (that I have been able to find.)

I was given what the annual report says should be around $445k but I understand it’s not guaranteed to be worth anything. Vest over 3 years.

Anyone been in a similar situation? Did the shares ever become worth something? How did that look for you and what went right/wrong?

EDIT: From the comments:
My company isn’t public, and is still in the hands of founding leadership (backed by PE/JV to the tune of $100m) I did not pay anything for these shares. When I was promoted into Director, I got awarded those shares as part of my compensation. I don’t have to pay anything for them, it’s not an option. I just have them so not paying taxes on them because no value yet. These shares are 66% time based vesting and vest 2x per year, to end in 3 years. The other 33% are performance based and vest on the same schedule.

However the business is doing very well. It’s a service that no one else really does and it works. I think there is a possibility to scale up big enough to sell.

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u/look_ma_nohands — 6 days ago

[Landlord US - IN] Long term tenants teenage daughter is fighting with other kids who damage my property as a result

Have a long term (5 yr) tenant that I inherited when I bought property. Property is old converted house that has been split into 3 units in rural Midwest. I’ve only owned this building for a little over a year.

We have dumped probably $10k into repairs and cleaning the property up over the last year. It cash flows well and the tenants are mostly problem free except for one unit.

Single mom with one teenager. This teenager tends to get in fights with other local kids which has now twice resulted in damage to my building.

A few months ago there was graffiti all over one side of the building featuring both homophobic and racist slurs. It’s been painted over now but my tenant with the daughter informed me it was kids from her daughter’s school. Despite a police report as well as identical graffiti at the local park, the police took no action.

This morning my tenant called me to tell me her daughter got in a fight at that park yesterday afternoon and at 1 am, someone kicked in their back door and destroyed the door and frame I literally just put on less than 90 days ago.

She says she did call the police and has a report and once again it’s clear there will be no action taken.

Can I make my tenant pay for these door repairs?

What can I do in the future? Can I require her to pay for any damage done to the property by trespassers? We now have cameras up but they haven’t helped in the past even when the camera caught the vehicle leaving after the first occurrence.

This building is not located in a “bad neighborhood” or somewhere that sees an unusual amount of crime.

This particular tenant does not have a security deposit and has lived there for long enough that I would have some pretty serious turn over to do in that apartment. I hate to do all that and have to find a new tenant when the apartment only rents for $525.

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u/look_ma_nohands — 22 days ago

2 (maybe) silly questions

  1. I recently accepted a position as Board Member for a county specific chapter of a larger nonprofit. This is unpaid and I am not on the executive board. My specific specialty is not connected to this population but they do both fall under the umbrella of behavioral healthcare.

Should I add this to my LinkedIn or does that come off as doing too much?

  1. My official title is niche but does include the word Director and I do lead multiple functions, and do manage managers. I am part of operations and have a centralized role that spans all locations within my org. Often in social settings (NOT LinkedIn or in any professional capacity) saying my title creates more questions than answers and leads to me having to go through a long winded explanation of what I do and what my company does. I understand sometimes people are just chatting and do not want a long answer from me.

Do you think it’s fair in these situations to just reply with “Director of Ops” or “Ops Director?”

Happy to answer any clarifying questions about what it is that I do.

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u/look_ma_nohands — 28 days ago
▲ 0 r/managers+1 crossposts

Am I supposed to put my position as Board Member for a local nonprofit on LinkedIn?

Somewhat recently accepted a position as board member for a county specific chapter of a larger nonprofit. It is a volunteer position, not paid. Not particularly prestigious.

Is it normal or am I doing too much?

Second question…if I am a Director and I am within Operations but my title is niche, so saying my actual title only ever means I create more questions than answers, is it fair and acceptable to just say Director of Operations?

To be clear, I do lead a department and have multiple functions reporting up to me. There are colleagues with the title “Director of Ops” but they actually have less scope than me and are directors for specific locations, whereas I have a centralized role that spans to all locations.

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u/look_ma_nohands — 29 days ago

My grandfather served in Vietnam as a draftee. Searching for context and details.

I will include as much detail as I think I know but if I am wrong about something or if I have unintentionally used language that veterans may not find respectful, please correct me. I will immediately remove anything I need to.

My grandfather was 19 when he got the letter in December of 66. He enlisted in April of 67 and trained in California. He was shipped to Da Nang as part of the Army 25th Infantry Division in October of 67 and left exactly one year later in October of 68. He de-enlisted in May of 69. I have read that 25th Infantry were mostly all up near Saigon that year, except 3rd battalion who were in Da Nang. I assume this was his battalion based entirely on that one piece of info.

I know he was land infantry, but I never heard him speak about anything specific regarding his time there. He was proud but not loud, if that makes sense. I don’t know what his “job” would have been. I do know he was adamant he would never get on a plane, and he never did. He would chuckle and say “Last time I got on a plane, they dropped me off in Vietnam” He went on to travel all over the US, but never by plane.

Another detail is that he was unusually tall and lanky, 6’7” and thin. Were there specific jobs that would have made him more suitable for? The one picture I have seen of him he is standing by water (river maybe?) holding what we believe to be an AK-47.

My nana has answered some questions from the perspective of what it was like here when he was gone and when he came home. He was a life long member of the legion and the remainder of his life was spent centered around this community. We would do picnics there, Easter egg hunts, Christmas, everything. Mostly at the time it seemed like it was just a community place which I guess it was but I’m wondering about how common that was.

He has a Purple Heart because he was shot in an ambush but did not get sent home. My mom was born when he was there. I have no further info on the ambush other than that.

I’ve watched a lot of first hand accounts of Vietnam veterans but my mind does this thing where it convinces me that those stories are exceptions, and not the standard. I understand that could be a misconception though, was it? I want to know the experience of just a regular grunt in 67-68 in Da Nang specifically.

I know they were treated badly when they came home. I have heard that it was even by other vets. I noticed most the guys from the legion post he was a member of were Vietnam vets. That led me to believe there was a split between VFW and Am Legion. Am I right?

He’s gone now so I can’t ask him and I don’t think I would if he were alive anyway, idk. How likely was he to have been drafted? I read somewhere that around 8% of eligible young men were drafted but I have also read that there was criteria that could have made him more likely to have to go. He was from a small town in the south, lower middle class, white.

What percentage of his graduating class may have went? What percentage didn’t come home?

What would his job have been? I’m reading there were a lot of search and destroy missions, but I don’t have enough context to understand what that really meant for him specifically?

What were relationships between these guys like? During and after the war?

How common was it for them to conceive children while on leave between training and deployment? Was it intentional? It seems like a fairly common occurrence.

What did pay look like? When I asked my nana she just said “The pay was nothing for what they had to do” but I can’t imagine any amount of money not being nothing for what they had to do. She lived with her parents while he was gone and worked herself, so it couldn’t have been that much.

Any context or details at all would be incredibly appreciated.

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u/look_ma_nohands — 1 month ago
▲ 11 r/army

My grandfather served in Vietnam as a draftee. I have questions.

I will include as much detail as I think I know but if I am wrong about something or if I have unintentionally used language that veterans may not find respectful, please correct me. I will immediately remove anything I need to.

My grandfather was 19 when he got the letter in December of 66. He enlisted in April of 67 and trained in California. He was shipped to Da Nang as part of the Army 25th Infantry Division in October of 67 and left exactly one year later in October of 68. He de-enlisted in May of 69. I have read that 25th Infantry were mostly all up near Saigon that year, except 3rd battalion who were in Da Nang. I assume this was his battalion based entirely on that one piece of info.

I know he was land infantry, but I never heard him speak about anything specific regarding his time there. He was proud but not loud, if that makes sense. I don’t know what his “job” would have been. I do know he was adamant he would never get on a plane, and he never did. He would chuckle and say “Last time I got on a plane, they dropped me off in Vietnam” He went on to travel all over the US, but never by plane.

My nana has answered some questions from the perspective of what it was like here when he was gone and when he came home. He was a life long member of the legion and the remainder of his life was spent centered around this community. We would do picnics there, Easter egg hunts, Christmas, everything. Mostly at the time it seemed like it was just a community place which I guess it was but I’m wondering about how common that was.

He has a Purple Heart because he was shot in an ambush but did not get sent home. My mom was born when he was there.

I’ve watched a lot of first hand accounts of Vietnam veterans but my mind does this thing where it convinces me that those stories are exceptions, and not the standard. I understand that could be a misconception though, was it? I want to know the experience of just a regular grunt in 67-68 in Da Nang specifically.

I know they were treated badly when they came home. I have heard that it was even by other vets. I noticed most the guys from the legion post he was a member of were Vietnam vets. That led me to believe there was a split between VFW and Am Legion. Am I right?

He’s gone now so I can’t ask him and I don’t think I would if he were alive anyway, idk. How likely was he to have been drafted? I read somewhere that around 8% of eligible young men were drafted but I have also read that there was criteria that could have made him more likely to have to go. He was from a small town in the south, lower middle class, white.

What percentage of his graduating class may have went? What percentage didn’t come home?

What would his job have been? I’m reading there were a lot of search and destroy missions, but I don’t have enough context to understand what that really meant for him specifically?

What were relationships between these guys like? During and after the war?

How common was it for them to conceive children while on leave between training and deployment? Was it intentional? It seems like a fairly common occurrence.

What did pay look like? When I asked my nana she just said “The pay was nothing for what they had to do” but I can’t imagine any amount of money not being nothing for what they had to do. She lived with her parents while he was gone and worked herself, so it couldn’t have been that much.

Any context or details at all would be incredibly appreciated.

reddit.com
u/look_ma_nohands — 1 month ago

My grandfather served in Vietnam as a draftee. What would his work there have looked like?

He was 19 when he was drafted and served in total from spring 67-69, and was in Vietnam for exactly one year, October 67-68. My mom was born while he was there.

Trained in California and was part of the 25th infantry division in Da Nang. I read somewhere most of the 25th infantry worked up by Saigon that year, except 3rd Battalion, so I assume that was his battalion.

I know he has a Purple Heart because he was shot in the thigh during what I have heard described as “an ambush.” I also *think* I remember stories about being held in a pow camp.

Questions I have

- What was the likelihood of him being drafted? I read somewhere about 8% of eligible men went, but I’m curious if that is because they focused on specific criteria he just happened to meet? What percentage do you think of his graduating class would have had to go?

- From what I understand, he was front line infantry but I have never heard him talk about anything specific from the war so im not sure what his “job” would have been?

- I do know, when he got home he never got on an airplane again and would often chuckle and say “Last time I got on a plane, they dropped me off in Vietnam”

- How violent was Da Nang at that time? I have read that was the peak of it. What would he have seen or been involved in?

- I understand they were doing a lot of search and destroy missions then. What did that look like? How far out into the jungle did they have to go? What other types of missions would they have done?

- How much would they have been paying him to do this?

I know it varies from person to person and you can’t tell me exactly what he was doing personally but what *could* it have looked like?

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u/look_ma_nohands — 1 month ago