Vieje Piauwasdy, Head of Tax Advisory at Secfi, a company helping employees and shareholders of late-stage technology companies handle wealth options, talks with host John Chapman of the John Chapman Show about his experience growing up in a household with a father who is an entrepreneur, what his life was liking working for a Big Four accounting firm in New York City, and returning back to his hometown of San Francisco to be in charge of tax advisory at Secfi.   Episode Highlights: What was money like in Piauwasdy’s household?   Vieje Piauwasdy’s father was an entrepreneur. Vieje What did Vieje learn about entrepreneurship from his father? What kind of part-time work did he do for his father’s business? Where did Vieje Piauwasdy go to college and what did he study? How did a college professor have a big impact on his life?   What was his first job out of school? What was the turnover rate like in his office? Who were the clients and projects he worked on when he was consulting? How did he get situated with SecfI? What should you be thinking about when a private company offers you equity? What is the most common vesting period for a start-up company?   What can Secfi offer their clients? Many people haven’t thought about their stock options. 3 Key Points: The most common vesting schedule in tech companies is a 4-year vesting period with a 1-year cliff. Employees aren’t going to realize any value from their shares until the company is acquired, there is an IPO, or a secondary listing. Typically, when you leave a company your shares lose their value for 90 days. Tweetable Quotes: “A lot of people go into accounting, whether it is audit, or tax, or advisory because it’s a pretty good paying job out of school.”– Vieje Piauwasdy “What’s great about an organization like a Big Four accounting firm is the fact that if you don’t like what you are doing, there is something else out there.” – ViejePiauwasdy “In the private company world, equity compensation is king.” – Vieje Piauwasdy Resources Mentioned: Linkedin: John Chapman Linkedin: Vieje Piauwasdy See omnystudio.com/listener for privacy information.

Ver todos los episodios