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Another good one: What share class are my options, and are they the same share class as the founders? As an employee you won't have a ton of insight into thing
by scosman 8y ago
Another good one: What share class are my options, and are they the same share class as the founders?
As an employee you won't have a ton of insight into things like dilution or liquidation prefs as the company raises more money. Knowing you have the same share class as founders is a good way to ensure there is someone on the board is looking out for your share class.
- gesman 8y agoI can answer this (are they the same share class as the founders?) for him: "NO"
- scosman 8y agoMost founders I know have common shares. I wouldn't assume this answer.
- gesman 8y agoAgree. I'd say this question shouldn't be the one to weigh the decision. Safer assumption: regardless of number of shares/options given or class of these - assume the value of these are $0 (unless these are RSU grants of publicly traded company).