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OK thanks, it was more to get an idea of "how much stock do the employees own vs. VCs and execs" but it looks like we don't have enough data to compute that
by cissou 10y ago
OK thanks, it was more to get an idea of "how much stock do the employees own vs. VCs and execs" but it looks like we don't have enough data to compute that
- sulam 10y agoYou can get an idea of this just by using standard funding math. Series E means investors hold 70% give or take. Execs hold 20-25% of the remainder, and rank and file employees have < 5%. One factor here that is meaningful -- original shareholders have taken money off the table, meaning they've given up ownership in the company to investors in exchange for cash. I don't know if that offer was made equally to all shareholders (I've heard a lot of good things about Twilio, so I imagine it was) -- which is why I say < 5% -- the number would be larger otherwise.