Marqeta IPO
Hi Folks , I got verbal offer from Marqeta , recruiter told me they offer 9000 rsu over 4 years , but said can not talk about the value of each rsu due to NDA . Marqeta has filed s1 few days back, can anyone infer what each stock might be worth looking at the document . I read it in news that It was sold around 32 $ in secondary market but I am bit suspicious . #engineering #software #swe
Secondary market valuations are a decent range to anchor on as long as you understand that the risk.
I wish I had knowledge of technical analysis on S1 document
Hope this helps, by initial glance at S1 the business looks good, the risk is they are currently dependent on the gig And bnpl business model, they also state a huge total addressable market of $6.7 trillion transactional volume, of which they are processing close to 60billion, how much more they can capture all depends on how well they execute and expand use cases across different verticals. One notable thing is, they get to keep 100% of the interchange fees and don’t have to share with bank that issued the card. Also long as DoorDash keeps getting orders and klarna keeps converting customer, Marqeta will make money
YOE and TC please. Also offer role/position?
Founder is cashing out. IPO at all cost. Any day, Stripe is going to kill them. They already started or Square dumps them for their own product.
It's 7 dollar now lol. Hope u didnt join before
Shady. When Uber reached this point, recruiters also could not talk about share value due to quiet period. Offers were made in $ instead of shares that would be converted later
Interesting let me talk about it in terms of dollars then , whats was the stock in secondary market
Uber did not have a secondary market. There were restrictions on employee and investor shares that prevented them from being sold. There were a couple of tender offers below the IPO price but nothing more