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Why? 50% of 7.5 billion is still a lot of money. Github doesn't have that many employees. In fact, they have 745 employees. That averages out to 4.6 million pe
by darawk 8y ago
Why? 50% of 7.5 billion is still a lot of money. Github doesn't have that many employees.
In fact, they have 745 employees. That averages out to 4.6 million per employee. Now, there's probably a good bit of VC money in there diluting that, but i'd bet not by more than 50%. I think the employee equity pool did just fine here.
- aetherson 8y agoYou think that the employee equity pool was 25% of the company? That's pretty high. Not maybe completely unprecedented, but I'd expect considerably lower.
- kjksf 8y agoFounders apparently got 50%. GitHub had 2 funding events. https://www.crunchbase.com/funding_round/github-series-b--49182d09 https://www.crunchbase.com/funding_round/github-series-b--49... $250M at pre-money valuation of $1.8B i.e. 13%. https://www.crunchbase.com/funding_round/github-series-a--832c3557 https://www.crunchbase.com/funding_round/github-series-a--83... $100M at valuation of $650 i.e. 15% So ~28% to VC, 50% to founders, which leaves 22% How much of that was actually allocated, I don't know.