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Re:Mailchimp insiders react to employees getting no equity f... by jacobr1 on Friday September 17, 2021 @11:19AM (#28566467)
Frustratingly so. Getting an offer of a number of shares, without any context on the total number outstanding or recent valuations, doesn't provide you with the ability to calculate future upsides. Though even if you get those numbers, it is much rarer for things like preferred shares and any liquidity multiple they might have, which can screw over the common holders even is successful exits.
Re:Mailchimp insiders react to employees getting no equity f... by silexia on Friday September 17, 2021 @03:00PM (#28569557)
As the owner of a company, I can tell you that any company that will not give you all the financial information necessary to value your shares and know what it's worth is scamming you.
Re:Mailchimp insiders react to employees getting no equity f... by x0x0 on Friday September 17, 2021 @03:53PM (#28570207)
They have to tell you at least the 409a or a similar valuation -- it's the strike on the grant.