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A comment on Ask HN: Company is firing all employees – should I still exercise my options?. Parent comment

Re:Ask HN: Company is firing all employees – should I still ... by pbreit on Thursday March 21, 2019 @11:35PM (#19459435)
Almost certainly any new money raised would be on terms that wipe out nearly all existing holders of equity.

https://www.investopedia.com/terms/c/crammeddown.asp

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