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I went to the website for the California Department of Corporations (http://134.186.208.228/caleasi/pub/exsearch.htm http://134.186.208.228/caleasi/pub/exsearch

I went to the website for the California Department of Corporations (http://134.186.208.228/caleasi/pub/exsearch.htm http://134.186.208.228/caleasi/pub/exsearch.htm) and found out that they issued 3,000,000 in shares after their seed funding ($1 million) last year. I can't find the latest filing because it was so recent. Would it be reasonable to assume that the number of shares is now 6x that (6 x 3 million = 18 million) since they have around $6 million in funding now? Of course, now that I know that the information is in the public records, I am going to run away if they tell me I can't have that information after I talk to them again today. Thanks for all the helpful comments.

burnout1540 18y ago
A little more research on Delaware's Department of Corporations website (which is where they are incorporated) allowed me to find out the total number of authorized shares: 52,503,000 30,000 / 52,503,000 =~ 0.06% With the package they're currently offering (a little below market and not very good benefits), I'm probably going to pass. Thanks again everyone.
- deleted 18y ago
  [deleted]
- mronge 18y ago
  Where did you find this information on Delaware's site? I'd like to look it up for the company I work for.
  - burnout1540 18y ago
    https://sos-res.state.de.us/tin/GINameSearch.jsp https://sos-res.state.de.us/tin/GINameSearch.jsp You have to pay $20 for all the information, but it's worth it.
- iamelgringo 18y ago
  So, with a $30 Million exit, you'll probably get enough out of the deal for a nice latte at Starbucks. Or, if you do the math: 30000000*.0006=18000. Or, after the dollar devalues a bit more and the price of coffee goes up, about enough for a nice latte at Starbucks. For my time and money, I'd look for a different gig that paid more. That is unless you really want the startup experience and the company is really cool.
  - burnout1540 18y ago
    You must be really down on the dollar. But, yeah, I've figured that the options are basically worthless. However, I really like the product and I got them to up the salary significantly, so I said yes in the end.

burnout1540 18y ago

A little more research on Delaware's Department of Corporations website (which is where they are incorporated) allowed me to find out the total number of authorized shares: 52,503,000 30,000 / 52,503,000 =~ 0.06% With the package they're currently offering (a little below market and not very good benefits), I'm probably going to pass. Thanks again everyone.

deleted 18y ago
[deleted]
mronge 18y ago
Where did you find this information on Delaware's site? I'd like to look it up for the company I work for.
- burnout1540 18y ago
  https://sos-res.state.de.us/tin/GINameSearch.jsp https://sos-res.state.de.us/tin/GINameSearch.jsp You have to pay $20 for all the information, but it's worth it.
iamelgringo 18y ago
So, with a $30 Million exit, you'll probably get enough out of the deal for a nice latte at Starbucks. Or, if you do the math: 30000000*.0006=18000. Or, after the dollar devalues a bit more and the price of coffee goes up, about enough for a nice latte at Starbucks. For my time and money, I'd look for a different gig that paid more. That is unless you really want the startup experience and the company is really cool.
- burnout1540 18y ago
  You must be really down on the dollar. But, yeah, I've figured that the options are basically worthless. However, I really like the product and I got them to up the salary significantly, so I said yes in the end.