4 ms·
Hi, could you share a bit more the numbers on how you ended up with so little? In particular, what percentage did you initially have? What percentage did you ha
by deanmoriarty 9y ago
Hi, could you share a bit more the numbers on how you ended up with so little? In particular, what percentage did you initially have? What percentage did you have in the end? What was the liquidation factor? Was the business in general successful or did it have to accept compromises like raising with unfavorable conditions to survive?
I am at the 5th year in a growing startup where I was employee < 10 with initially 1.5% which became ~0.8% after 3 rounds of funding (~60M$) all at liquidation preference 1. The startup is now 150 employees and valued ~200M. Equity has been painfully exercised so I can both leave if needed, as well as her long term capital gain one day (or should I say capital loss?)
Thanks