> reason about equity comp on a per share basis The one reason I find this highly skeptical, is that this is in some sense a made-up figure. In Options, It's a

> reason about equity comp on a per share basis The one reason I find this highly skeptical, is that this is in some sense a made-up figure. In Options, It's an estimate of a per share once the company goes public. In other cases, it's something the founders have estimated based on market potential and other things.