4 ms·
I know equity compensation pretty darn well now, but 5 years ago I was pretty clueless. Definitely didn't even know to ask for the total fully diluted shares ou
by hkmurakami 10y ago
I know equity compensation pretty darn well now, but 5 years ago I was pretty clueless. Definitely didn't even know to ask for the total fully diluted shares outstanding, let alone liquidity preferences.
> They raised enough money to just pay cash.
Doubling their cash burn for compensation seems like a pretty poor move when you can get away with basically deferring payment, so to speak.