Re:Golden Handcuffs
by HWR_14 on Thursday May 13, 2021 @05:36PM
(#27147790)
How would they know what fully-diluted would be? Wouldn't there be unknown number of rounds at unknown valuation before liquidity? Or do you just mean based on current expectations. Because, if the latter, how do you hold them to that?
[ Parent
| on HN ]
Fully diluted means if all currently issued options, warrants, convertible bonds, etc are converted to shares. It obviously can't account for future financing rounds which aren't even yet contemplated.