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Speaking as someone that has stock options... how did your employee options get wiped out?
by brendonjohn 8y ago
Speaking as someone that has stock options... how did your employee options get wiped out?
- hn_throwaway_99 8y agoThe usual way is that all the investors, who hold preferred stock, get paid before all the employees, who hold common stock. If there's not any money left over after the preferred holders get paid, the value of employee equity is 0.