231–235 of 235 posts
Remember that Stripe changed its RSU grant structure a year or so ago, so this won’t negatively affect newer employees. Stripe gives out a fixed amount of $$ value of stock each year now. The typical recent senior hire will get around $200k a year in stock. Now that the valuation is lower, they’ll be granted more stock units than before, which is good. Getting granted fewer stock units at a ‘fake’ higher valuation wo…
Personally, I don't see what the hubbub is about. A 409a is a standard instrument used to price options, a standard approach to a 409A valuation is the base the value of a company on its comparables, including public comparables. If I were conducting this valuation, I haven't done this myself, but I most definitely read our 409A valuations closely. I'd imagine that the outside firm hired to conduct the analysis on Fi…
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Shouldn't going public on an unrealistic market cap would cause more issues than benefits? Sure, a healthy exit is ok but later pressure to recover the market cap in the short term can cause heavy structural damages inside any org.
I'd rather have cash in my bank account and work for a company that will suffer structural damage than see my hypothetical net worth go down 60%.
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Not exactly, but has huge valuation risk and is likely to end up being $50k all said and done. The trouble with equity is that it can fluctuate wildly in value and you only have yourself to blame (because the decision to sell is ultimately yours, and there can be a lot of anxiety and regret attached to it).
most of the startups that offered me stock options had completely exaggerated valuations, so... my heart goes to engineers, who joined a startup on bold promises to make it, but never got to IPO, M&A or even worse - were forced to execute options to later sell them at loss
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Sure did grab my eyeball, down round for a company that effectively was invincible--and I met the guy, I met pc (his username here)--but full on unblemished trajectory, totally monotonic. Never heard one bad thing about him, except in my inner monologue like biting the Fruit of the Tree of the Knowledge of Good and Evil, which I do for everyone, and just barely bad, not morally bad, just unfavorable for me in particu…
Maybe caught your eyeball but not your brain. Your word soup doesn't hide your inability to form coherent thoughts, in fact it highlights it.