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