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I thought she mentioned it was a 4 year vesting for that equity, which means 1% = $80k. But then that values the company at $8M, which also doesn't match the a
by sallen 14y ago
I thought she mentioned it was a 4 year vesting for that equity, which means 1% = $80k. But then that values the company at $8M, which also doesn't match the asserted $5M.
- tptacek 14y agoI'm not following how you're drawing a 4x valuation from vesting, but I'll admit that my head is in an SSL3 negotiation bug I'm grappling with while posting, so maybe I'm crazy.
- ricardobeat 14y ago$20k/year over 4 years = $80k
- mcguire 14y agoTechnically, it'd be $20k/year over 4 years, discounted at some reasonable rate, say...crap. So, $80k.
- sallen 14y agoShe'd only get 1/4th of that equity per year, and the salary is given in a yearly amount.
- tptacek 14y agoOh, right. Of course. See, I was crazy. Thanks!