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Even with revenue projections and being able to work back to personal gain, employees often aren't privy to liquidation preferences and the variety of classes o
by hox 12y ago
Even with revenue projections and being able to work back to personal gain, employees often aren't privy to liquidation preferences and the variety of classes of stock that has been handed out. If an employee has 1% of a company and the company sells for $100m, the employee rarely sees $1m.
- tptacek 12y agoIs there any good reason at all for an employer not to tell you about preferences? It's a simple question: "do I need to subtract more than 1x the amount of money you've taken from your sale price?" If a company wouldn't tell me what the prefs were, I'd just assume 2-3x participating.