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I believe in 2011 the strike price (accounting for both stock splits) would have been around $0.75-0.80 after they raised funds around May 2011. Assuming they a
by mrgordon 6y ago
I believe in 2011 the strike price (accounting for both stock splits) would have been around $0.75-0.80 after they raised funds around May 2011. Assuming they are worth at least $30 billion, the shares would be around $50 for around a 6150% total return assuming $0.80 initially.
If someone got shares in 2009 they likely had a substantially higher return.
- hnburnsy 6y agoWow thanks, that is eye opening.
- subsubzero 6y agoI think shares on the open market were selling for around $230 a share 2 years ago, I don't know valuation on that number but despite covid and the $1B loan amongst other things the people who joined earlier are making out like bandits(a few of my ex-coworkers went there and a friends wife joined there in 2011).
- richiezc 6y agoStrike price in 2011 post series B and after splits is $0.30. At the time I think the nominal price was like $2-4 a share, I'd have to go back and look. Re: 2009. I recall an early employee saying YC told them not to hire anybody, but they hired him anyways off of his very creative outreach. But let me tell you they all earned every penny of it. It's hard to remember how crazy of an idea Airbnb was ~10 years ago.
- SilasX 6y agoIt would be really, really surprising if one of the few startups that went big didn't beat the return of the S&P for early investors.