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If there are other employees, wouldn't this require firing all of them and invalidating their equity?
by AtlasBarfed 6y ago
If there are other employees, wouldn't this require firing all of them and invalidating their equity?
- nickff 6y agoThe closing and re-opening would invalidate everyone's equity, and open the door for a complete re-negotiation. Dilution usually hits people who are gone the hardest (as they usually get nothing out of the new option pool if there is one).