Re:Options vs. Cash
by kbutler on Thursday June 08, 2017 @07:15PM
(#14517926)
> More important than dilution is the shares multiplied by price.
But even with an "up round", where ownership percentage is diluted but your n-shares * price goes up, liquidation preferences can reduce or eliminate your value.*
As the GP said, there's always that "one more thing" that can wipe out your value.
But even with an "up round", where ownership percentage is diluted but your n-shares * price goes up, liquidation preferences can reduce or eliminate your value.*
As the GP said, there's always that "one more thing" that can wipe out your value.
(*citation: personal experience)