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I’ve had my shares diluted from $2000 to $50 a long time ago, but if it’s “void” after a dilution then I’d like to have the math explained to me...
by meric 9y ago
I’ve had my shares diluted from $2000 to $50 a long time ago, but if it’s “void” after a dilution then I’d like to have the math explained to me...
- memmove33 9y agoWhat is the reason why they were diluted in your case? Was it "nefarious" (e.g. targeted specifically at you) or just a consequence of unfortunate circumstances (e.g. heavy downturn, aggressive liquidation preferences, ...)?
- meric 9y agoThe company ran out of latest round of funds without increasing its value, and took them best deal it can. In the years since it had diluted around that much, again. This is a public company, not a tech startup.