4 ms·
Think OP meant $70M not $70B if they just raised $17M in funding. To calculate your gross $ value today, you need to know your # of shares (10K) divided by tot
by bspear 4y ago
Think OP meant $70M not $70B if they just raised $17M in funding.
To calculate your gross $ value today, you need to know your # of shares (10K) divided by total fully diluted outstanding shares (607,500,000) multiplied by the valuation (probably $70M).
Strike price is your cost to exercise the options, which should be deducted from your gross value. You will likely also incur taxes unless you exercise right away via 83B election
- tracker2020 4y ago$70M valuation makes more sense. Only 10K shares feels very low though if there are really 607M outstanding shares (seems too high). It's Seed-Series A, your friend should be getting at least 0.1% even as a junior IC: : https://topstartups.io/startup-salary-equity-database/ https://topstartups.io/startup-salary-equity-database/
- nivertech 4y agoIMO something is wrong with this database: most of the pre-seed startup entries have market* salaries. -- *) might be below today's market, but still not something a pre-seed startup could pay their employees.
- thoughtstheseus 4y agoThe value is $0 today because there is no market (it’s an early stage startup) where you could sell those shares(?) The shares are a lottery ticket at best unless you have conviction in the companies ability to succeed and become more valuable overtime.