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A comment on Ask HN: How do I gauge the value of stock options that I have been offered?. Parent comment

Re:Ask HN: How do I gauge the value of stock options that I ... by throwaway_9989 on Sunday November 21, 2021 @11:52PM (#29302888)
The preferred price is about $0.9 (I heard it's been like this for the last 2 rounds). Does that mean the current valuation of the company is $49M?

The parent comment is also correct. We've experienced a down round due to the pandemic.

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Re:Ask HN: How do I gauge the value of stock options that I ... by comp_throw7 on Monday November 22, 2021 @12:07AM (#29302972)
If the company's gone through a down round, it's very likely they took funding on unfavorable terms (i.e. worse than 1x liquidation preference), which makes it that much less likely your (non-preferred) equity would ever be worth anything. Take the cash offer (though, if you're in the US and have 4 years of experience, $120k is a bit of a joke too; you should be able to do substantially better even limiting yourself to full-remote companies).
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Re:Ask HN: How do I gauge the value of stock options that I ... by rkk3 on Monday November 22, 2021 @12:54AM (#29303249)
> If the company's gone through a down round, it's very likely they took funding on unfavorable terms (i.e. worse than 1x liquidation preference), which makes it that much less likely your (non-preferred) equity would ever be worth anything

which is expressed in the preferred share's being valued at 13x the common shares

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Re:Ask HN: How do I gauge the value of stock options that I ... by rkk3 on Monday November 22, 2021 @01:00AM (#29303294)
> Does that mean the current valuation of the company is $49M?

No.

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