Honestly, this doesn't really make sense. First, no one has an insider knowledge about real IPO prospects. Second and most importantly, for an individual making money off stock is: that the difference between their exercise price and sale stock price * # of shares (in simplest terms). No one here knows the exercise price, the price they will go out at or the # of shares your friend is getting. That said, entering a company that has raised $100M+ usually doesn't get you a life changing amount of money unless you're very senior - risk/reward.