3 ms·
1.6%, third hire. Now the company is at series C, 4 years later. Significant dilution as expected (own roughly 0.5%), but clean terms for all rounds (liquidatio
by deanmoriarty 8y ago
1.6%, third hire. Now the company is at series C, 4 years later. Significant dilution as expected (own roughly 0.5%), but clean terms for all rounds (liquidation preference 1X, non participating).
- anotheryou 8y ago1.6% of something/the company here as ~#2, too. But I don't count on an exit anyways and jumped the boat a year ago.
- deanmoriarty 8y agoIn my case, even if the company is still illiquid, I luckily was able to sell a good portion of my vested shares as part of a secondary transaction for a decent amount, so I was happy about that. I'll risk the rest.