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A comment on Denial of H1-B visas to India’s largest IT services exporters at all-time high. Parent comment

Re:Denial of H1-B visas to India’s largest IT services expor... by DaiPlusPlus on Sunday August 11, 2019 @09:49PM (#20671812)
A dollar valuation is bollocks, yes - but a percentage stake of a company valued at 5-10m of (I.e. small-fry) when it gets sold-out to Cisco / Apple / Facebook is not.
[ Parent | on HN ]
Re:Denial of H1-B visas to India’s largest IT services expor... by justapassenger on Monday August 12, 2019 @12:53AM (#20672526)
Percentage stake is also a bollock. Liquidation preference makes selling out good business for VCs. Sometimes founders if they're smart. And engineers are lucky to get anything at all.

I highly recommend anyone working in startup world to learn more about how it works in details, and understand how their companies deal with it.

You can own 1% of company that's sold for $100M and get $0. And it's all perfectly legal.

[ Parent | on HN ]