The Lessons Google Ventures Learned from Secret

Re:The Lessons Google Ventures Learned from Secret by fsk on Tuesday May 05, 2015 @10:19PM (#9496258)

If you let the options holders cash out some of their shares during the financing round, that offsets the tax issue. Then they could afford to exercise, pay the tax bill, and take some money off the table.

Also, how do you come up with the price for the common shares when they aren't liquid and aren't changing hands? It seems weird to give a price of $10/share for a common share when you aren't able to sell at that price.

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Re:The Lessons Google Ventures Learned from Secret by joshu on Wednesday May 06, 2015 @11:16AM (#9499269)

409a valuation. There is a process. But generally the common price is much lower than the preferred.

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Re:The Lessons Google Ventures Learned from Secret by fsk on Wednesday May 06, 2015 @07:37PM (#9502457)

It's still just a fantasy price if you can't actually sell your shares at that price.

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Re:The Lessons Google Ventures Learned from Secret by joshu on Thursday May 07, 2015 @10:50PM (#9509734)

I don't really understand what point you are trying to argue. It's not a price, it's a valuation; the price is derived from there. Do you think that companies have zero value always?

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