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Re:How to Evaluate Startup Offers by binbag on Saturday October 09, 2021 @01:53PM (#28811830)
In my (UK) experience, a 1x liquidation pref seems requested. 3x seems unpalatable. Maybe things are different in the US west coast. (It's certainly easier to raise money there, so perhaps the terms are harder as a compromise.)

You're right that employees with options don't get enough information to understand the value and potential value and mechanisms of their options in private companies. That's what I was driving at (poorly) in a separate comment.

Re:How to Evaluate Startup Offers by askafriend on Saturday October 09, 2021 @02:30PM (#28812072)
No, even in the US West Coast, 1x is what's typical. Anything more is non-standard.

3x would mean something is wrong with the company.