So as I was expecting news is that VCs are now going to slash current valuation of many startups by 50% and only do a flat raise if any.
I am sure most would know of Gokul Rajaram. He sold caviar to Square. And as per h
The top VC he is mentioning really the top one.
Does this look troublesome to employees of Airbnb etc as their compensation is slashed by half? Unless company is looking to give more equity to compensation for the slashing of valuation?
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More important is that your shares are useless until they are realized in some way. Airbnb is not going to try and raise another round or IPO unless it's really bleeding. Get your shares and sit tight, they'll come back if Airbnb makes it through all this... Then again if they don't this whole convo is moot so :shrug: