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I know AirBNB has let some employees take $ off the table in financing rounds. http://allthingsd.com/20111002/airbnb-investor-chamath-palihapitiya-settle-diffe
by gargarplex 10y ago
I know AirBNB has let some employees take $ off the table in financing rounds. http://allthingsd.com/20111002/airbnb-investor-chamath-palihapitiya-settle-differences-with-employees-to-get-liquidity/ http://allthingsd.com/20111002/airbnb-investor-chamath-palih... My guess is that 0.5% is too high of a floor for post dilution and he probably had 10bps to 50bps at most