3 ms·
When you are offered equity in a pre-IPO company, there is no sale price. And it's definitely not a useless number: it's a ceiling.
by lazyasciiart 7y ago
When you are offered equity in a pre-IPO company, there is no sale price. And it's definitely not a useless number: it's a ceiling.
- asciimike 7y agoSure, but the ceiling is meaningless without a sale price, so why even factor in the ceiling when you can do that based on what a reasonable price per share would be?
- lazyasciiart 7y agoSorry, those were two separate points.