3 ms·
Is that equity you can sell? Or does it have several years lock-up? In that case I can imagine that the value is hard to estimate, e.g. SNAP employees will have
by dx034 9y ago
Is that equity you can sell? Or does it have several years lock-up? In that case I can imagine that the value is hard to estimate, e.g. SNAP employees will have had a significantly lower comp than thought.
- prostoalex 9y agoCompanies generally under-value private equity precisely for the purpose of compensation, as potential hires are attracted to upside. SNAP employees who started around IPO time or a few months thereafter are likely having a bad time, longer time employees have received equity at much lower prices than today's $15.