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"If you have the dollar amount and the # of shares, then you can backtrack it to a rough percentage." Perhaps. But if a company will not give you a percentage
by timr 9y ago
"If you have the dollar amount and the # of shares, then you can backtrack it to a rough percentage."
Perhaps. But if a company will not give you a percentage of ownership and expects you to accept this as compensation, you should quit. Full stop.
If the company won't tell you how to fairly evaluate your options, they're operating in bad faith, and should not be rewarded for their sleazy behavior.
- hkmurakami 9y agoI agree with you on that regard fwiw. I've wondered whether a company will tell me what the liquidation preferences and antidilution clauses for its preferred shares are, since that also comes into play pretty significantly wrt evaluating the value of ones equity offer.
- timr 9y agoThis gets into a fuzzy area, since it's a multidimensional equation, and often, even the founders can't tell you what your share is "worth" without lots of caveats and time spent on spreadsheets. There's usually not a single answer. The important principle, though, is that they shouldn't be hiding anything from you. If the company won't even tell you the percentage your shares represent, you can't trust them to do anything else.