Profitable Unicorn (can’t reveal the name of the company for confidentiality) Position- Principal PM Base - 191K Sign-up - 26K Bonus - 19K Equity- 45,000 units of Options (Annual vesting, over 4 years. Raised last round around $13/share value based on EquityZen. Haven’t revealed the Strike Price) Exp- 6.5 years in Product Unsure how to evaluate the offer as they wont reveal the Strike Price yet, still negotiating the offer. How should I think about this?
It’s not IPO’d, that options would be worth zero dollars.
Thats just not true. Im more than happy to buy OPs options for 1 cent a share. I doubt hell sell it to me so it's clearly worth something.
Bay Area
Solid offer
How should I think about Options, if they have not revealed the strike price? How much would they be worth?
If there's no strike price you cannot determine the value of the option. The number of options itself is meaningless. Imagine if the strike price is 0.01 vs $100000. One is essentially an RSU the other is worth basically 0 no matter how many shares they give you