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Our goal with building this was not to be comprehensive, but to give founders and employees a way to have a more productive conversation about options and what
by eries 9y ago
Our goal with building this was not to be comprehensive, but to give founders and employees a way to have a more productive conversation about options and what they are worth. Too many startup employees I meet don't properly value the options they have, and too many potential hires don't negotiate for the right things, and wind up disappointed.
We hope this will take a small step towards correcting this problem.
- mikekij 9y agoTools like this are really helpful for startup employees. Thanks for sharing! Looks like there are some hidden assumptions about liquidation presence etc. Might be good to add a slider for that. (My employees would do pretty well at a $25M exit!)
- startupempl0ye 9y agoReally? And you sure, once money is on the table, magically the priorities onto who is getting the money wouldn't change?
- mikekij 9y agoIt didn't during our last exit.
- obstinate 9y agoHah. This is a good point. I was going to call you out for having barely any employees and so of course they'd do well. But, for anyone who hasn't tried this, if you give the hypothetical employee 10% of the company, they come out with $0 in all scenarios at a $25M exit on this tool. And it looks like this is the slider you were asking about. ;) https://captable.io/ https://captable.io/
- zitterbewegung 9y agoNeat tool, I was able to put more than 100% ownership into a Company though and I don't think that should be possible.
- akeck 9y agoIf you press "9" enough times: http://imgur.com/a/wUvOy http://imgur.com/a/wUvOy
- rhcom2 9y agoWe found the QA engineer.
- ryanmarsh 9y agoYah but is the math wrong?
- deleted 9y ago[deleted]
- artpar 9y agoDo you want $NaN after all your hard work?
- DoofusOfDeath 9y agoWell, it would be satisfying to see its effect on the IRS's computers :)
- godelski 9y agoIf you keep adding 9's you get back to 0.
- Twirrim 9y agoIt's also possible to put in negative numbers :D
- Bartweiss 9y agoNice - it supports The Producers accounting.
- deleted 9y ago[deleted]
- mifeng 9y agoFor many years, startups have exploited the opacity of potential outcomes to trick employees into thinking that their equity is worth more than it likely is. A couple of years ago, I asked AngelList's CTO if I could utilize their data to build something like this; he never got back to me, so I moved on. Really glad to see this project live! EDIT: Just realized this came from the fine folks at LTSE. Awesome stuff, Tiho!