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jeronpaul
searching PlanetScale…
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by
jeronpaul
10y ago
I completely agree with this. 1) I have never seen a startup pay anything close to that. 2) you are so right--you generally only need 1 every 12 months (at most!). There are some exceptions but they are rare. Some valuation providers se
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by
jeronpaul
10y ago
Btw, full disclosure I founded and sold Scalar Analytics, a valuation firm and am currently the CEO of Capshare.
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by
jeronpaul
10y ago
The fact is that nobody can really know with certainty the true valuation of an early-stage company. Even venture investors just come to a negotiated deal and subsequent events often prove them wrong. That said, the definition of true valu
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jeronpaul
10y ago
Biased but this is exactly why we built Capshare (www.capshare.com). Happy to walk you through it if you want to check it out.
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jeronpaul
10y ago
Actually believe it or not, as some other commenters have said, Section 220 gives every shareholder the right to get all of the information they would need to estimate the value of their shares. This would definitely include financials and
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by
jeronpaul
10y ago
In general, I think that telling relatively early employees in a startup their fully-diluted ownership percentage has become the norm. I assume that this is the 0.75% worth of shares at the current valuation they promised you. You should c
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jeronpaul
10y ago
Apologies in advance that my response is somewhat scattered. At Capshare, we are actively working on all of these problems. Here are some of our thoughts on early liquidity for founders: https://www.capshare.com/blog/