Airbnb. Stock dilution.@ November and December joinees
Jan 7, 2021
4 Comments
I want to understand how stock dilution works when someone joins just before IPO.
All those employees who joined in last week of November or first week of December.
Did you get the stock allotted at last 409a valuation of 18Billion market cap?
Or was the equity diluted and you got it at higher mkt caps?
Or in other words did your onhire grant go 4X on IPO?
comments
I talked to someone who joined in December and they were estimating their gains to be 2.5X and not 4X
I had airbnb offer early November and my understanding is that the equity should go 4X if no dilution happened.
Do you know what the dilution was like for late November early December joinees