Ok, so at the time I got an offer as New Grad, Pinterest valuation was $7.19 at estimated $14 billion valuation and I was awarded 36000 RSUs and could have negotiated even more but didn’t try cause I wasn’t joining. Now they’ve IPO’d and I’m confused. Their stock price is $24 at $9 billion valuation. How? shouldn’t the stock price be lower at lower valuation? Also since I was awarded 36000 does this mean I could have had $864000 value of stock now ($714000 more than my FB RSUs)? I hope this isn’t true because I’d regret not joining.
Stock price = company valuation/total number of stocks. Simple math if valuation remains same then price is inversely related to number of stocks at ipo So yes, your stocks would have been worth 864K if you were offered pre ipo 36K stocks (stocks not worth of stocks)
Yikes, yes it was 36000. How does the number of stocks go down at IPO? If you’ve promised people a certain amount, shouldn’t it only go up. Also valuation clearly went down.
Not 100% shares are trading right now. Percentage is only in single digit. Basically what you need to care is 36k * current stock price.
🍿
No they 1:3ed their share
What does that mean?
Every 3 shares are equivalent to 1 share at the time of the IPO
It was at this moment OP knew.....he fucked up.
Wow dude ...
Yeah you messed up on an opportunity of a lifetime to make a shit ton of money.
You messed up
Offered stock options or RSU?
u dun goofed
Ronald Wayne would like to have a word with you.