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Even if the terms ate up 2.9B of the 3B an engineer with 1 point will still walk away with close to a million. I don't buy it.
by kenrikm 10y ago
Even if the terms ate up 2.9B of the 3B an engineer with 1 point will still walk away with close to a million. I don't buy it.
- Xyik 10y agoIt's rare for an engineer to have 1 point they would probably have to be engineer #1 or #2
- zd4akaq85a 10y agoGranted, I don't think many engineers are making out with seven figures here, but they should be making whatever their shares were supposed to be worth at the most recent valuation. That's if they joined after the last funding round, more if they joined earlier.