News for hackers. Stuff that matters.

A comment on Ask HN: Need help in understanding private equity offer. Parent comment

Re:Ask HN: Need help in understanding private equity offer by tracker2020 on Monday May 30, 2022 @03:25PM (#31562662)
$70M valuation makes more sense.

Only 10K shares feels very low though if there are really 607M outstanding shares (seems too high). It's Seed-Series A, your friend should be getting at least 0.1% even as a junior IC: : https://topstartups.io/startup-salary-equity-database/

[ Parent | on HN ]
Re:Ask HN: Need help in understanding private equity offer by nivertech on Tuesday May 31, 2022 @07:18AM (#31568249)
IMO something is wrong with this database: most of the pre-seed startup entries have market* salaries.

--

*) might be below today's market, but still not something a pre-seed startup could pay their employees.

[ Parent | on HN ]