I was recently offered 4,000 stock options, 4 year vesting with a 1 year cliff. For Series B startup, Year and half old. What else should I confirm with hiring manager? Don’t I need a strike price, time of vest etc. thanks!
What’s the current valuation of the company
I think just above 200M
The number of stock options you’re offered means nothing without knowing the total number of outstanding shares
Was told my percent is .014% of outstanding stock
Thank you!!!
Read this before you reply: https://github.com/jlevy/og-equity-compensation
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Yes if it is stock option you need to know strike price, time of vest, blackout etc.
Another critical Q is will you have enough cash to exercise your option when the company IPO. If not, you wanna sell some of your options as options, then read something about option pricing